199 W Broadway, Paterson City, NJ 07522
- $3,950,000
- List Price
- $3,950,000
- Price Change
- ▼ $300,000 1781293631
- MLS#
- 4008031
- Dom
- 129
- Year Built
- 2022
- Status
- ACTIVE
- County
- Passaic
- City
- Paterson City
- Acres
- 0.11
Property Description
Newly constructed, fully rented mixed-use investment opportunity offering immediate cash flow and long-term upside. This modern building features 12 residential units, including 3 one-bedroom/one-bath apartments and 9 two-bedroom/two-bath apartments, plus 1 ground-level retail space, all currently leased. Each residential unit offers separate heating and cooling systems along with in-unit washer/dryers. Private on-site parking adds strong tenant appeal and long-term value. In addition to the immediate cash flow, the property benefits from time remaining on a 20-year tax abatement. A well-maintained, fully stabilized investment property offering immediate income with the benefit of long-term tax advantages.
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Additional Information
- Taxes
- $4,590
- Cooling
- 4+ Units, Central Air
- Exterior
- Vinyl Siding
- Heating
- 4+ Units, Forced Hot Air
- Roof
- Flat, Rubberized
- Sewer
- Public Sewer
- Water
- Public Water
- Basement
- Yes
Mortgage Calculator
Listing Courtesy Of HAVEN REALTY, Contact: 732-228-8911
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