196-198 Beech St - Apartments FOR SALE


Paterson, NJ 07501- Eastside
$1,395,000 USD
201-388-0111
196-198 Beech St, Paterson, NJ for Sale
$1,395,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

196-198 Beech St
Paterson, NJ 07501
Eastside


OVERVIEW

Welcome to Beech Street in Paterson! Spectacular Investment Opportunity –this fully occupied 7-unit building offers strong financials with solid income and low expenses. Features include some off-street parking, separate utilities and incredible upside as a value-add property with endless potential. Ideally located with immediate highway access, and just minutes from the hospital, restaurants, retail, public transportation and more. A true gem for any investor looking to grow their portfolio.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$362 USD /SF

# OF UNITS

7

PRICE/UNIT

$199,286

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,270 SF

ZONING

B-2

APN/PARCEL ID

08-06007-0000-00019

ASK ABOUT THIS PROPERTY

Robert RanieriCentury 21 RealtyMore Info
201-388-0111

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Robert RanieriCentury 21 RealtyMore Info
201-388-0111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.