615 E 22nd St - Retail FOR SALE


Paterson, NJ 07514- Eastside
$879,999 USD
862-621-5890
615 E 22nd St, Paterson, NJ for Sale
$879,999 USD
Retail - FOR SALE
1/35
null | 7.78% Cap Rate

615 E 22nd St
Paterson, NJ 07514
Eastside


HIGHLIGHTS

  • Great Ceiling Height
  • Income Potential
  • Commerical Opportunity

OVERVIEW

Welcome to an incredible opportunity in the East Side Section of Paterson! This spacious and beautifully renovated 4-Unit Mixed-use property is perfect for both investors and owner occupants looking to maximize value and versatility. This fully updated building features two residential apartments and two storefronts, offering the ideal blend of cash flow potential and modern living. The first apartment boasts 4 bedrooms and 1.5 bathrooms with a bright and functional layout designed for comfort. The second apartment offers 2 bedrooms and 1 bathroom with impressive ceiling height that creates an open, airy feel throughout the space. Both units showcase stylish finishes and thoughtful updates that make them truly move in ready. In addition to the residential units, the property includes two ground level storefronts with flexible layouts, providing endless possibilities for business owners or strong rental income potential for investors. Conveniently located near schools, shopping, major highways, and public transportation, this property offers both accessibility and long term upside. Whether you are looking to expand your portfolio or own a mixed use building with multiple income streams, this is a rare opportunity you do not want to miss.

FOR SALE DETAILS

PRICE

$879,999 USD

PRICE/SF

$317 USD /SF

CAP RATE

7.78%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

R-2

APN/PARCEL ID

08-03417-0000-00008

ASK ABOUT THIS PROPERTY

David ArteagaKeller Williams Prosperity RealtyMore Info
862-621-5890

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David ArteagaKeller Williams Prosperity RealtyMore Info
862-621-5890

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