567 E 26th St - Apartments FOR SALE


Paterson, NJ 07514- Eastside
$900,000 USD
917-589-0515
567 E 26th St, Paterson, NJ for Sale
$900,000 USD
Apartments - FOR SALE
1/1
null | 5.27% Cap Rate

567 E 26th St
Paterson, NJ 07514
Eastside


HIGHLIGHTS

  • Turn-key investment property.

OVERVIEW

Side-by-side six-unit apartment complex. Five out of six units currently are leased. Long-term tenants pay below-market rent. Current GOI is $91,200 annually with a ProForma GOI potential of $139,200. Property is NJ DCA compliant. DCA (Green Card) available shortly, pending issuance (no violations). Property is conveyed strictly AS-IS/THERE-IS.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

6

PRICE/UNIT

$150,000

CAP RATE

5.27%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

567 E 26th St, Paterson, NJ

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

B-2

APN/PARCEL ID

08-03411-0000-00014

ASK ABOUT THIS PROPERTY

Daria DiezColdwell Banker Commercial NRTMore Info
917-589-0515

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

Daria DiezColdwell Banker Commercial NRTMore Info
917-589-0515

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