264-266 9th Ave - Apartments FOR SALE


Paterson, NJ 07524- Riverside
$1,050,000 USD
908-230-1599
264-266 9th Ave, Paterson, NJ for Sale
$1,050,000 USD
Apartments - FOR SALE
1/6
null | 8.52% Cap Rate

264-266 9th Ave
Paterson, NJ 07524
Riverside


OVERVIEW

For Sale | 6-Unit Multifamily Investment Completely Renovated, Turn Key Asset Paterson, Passaic County, New Jersey Extremely clean, turnkey asset with all separate utilities and forced hot and cold air. The property has been fully renovated, including new siding, updated interiors, plumbing, and electrical. Current Green Card is valid with the next inspection due in 2031. The building consists of spacious units including three 1-bedrooms and three 2-bedrooms. Priced with fair and conservative underwriting at an 8.5%++ cap rate. Contact Lauren for more information 908 230 1599

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

6

PRICE/UNIT

$175,000

CAP RATE

8.52%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R-3

APN/PARCEL ID

08-03301-0000-00002

ASK ABOUT THIS PROPERTY

Lauren FedergreenRose Real Estate LLCMore Info
908-230-1599

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Lauren FedergreenRose Real Estate LLCMore Info
908-230-1599

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