83-85 Madison ave - Apartments FOR SALE


Paterson, NJ 07501- Eastside
$399,000 USD
800-862-4348
83-85 Madison ave, Paterson, NJ for Sale
$399,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

83-85 Madison ave
Paterson, NJ 07501
Eastside


HIGHLIGHTS

  • Bankruptcy Auction: October 22, 2015. Low Reserve: $399,000.

OVERVIEW

Bankruptcy Auction: October 22, 2015. Low Reserve: $399,000. This property consists of two buildings that has produced income from 6 units. Both buildings have walk-out basements. Units 2 and 3 at 83 Madison Ave are currently combined as one unit and share one utility bill however they have separate utilities. (hot water heater, gas meter, etc.) For more information, see: https://auctionadvisors.com/property-details/paterson2__auction_379/ INSPECTIONS on Sunday 10/5 at the following time: 83-85 Madison St - 10:00AM - 11:00AM

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

6

PRICE/UNIT

$66,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bankruptcy Auction, 6 Units in Paterson NJ

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R

APN/PARCEL ID

08-06109-0000-00020

ASK ABOUT THIS PROPERTY

Oren KleinAuctionAdvisorsMore Info
800-862-4348

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Oren KleinAuctionAdvisorsMore Info
800-862-4348

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