15 N 3Rd St, Paterson City, NJ 07522

$524,000
7
BD
2.1
BA

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List Price
$524,000
Price Change
▼ $25,000 1788301516
MLS#
4031056
Dom
95
Year Built
1900
Status
ACTIVE
County
Passaic
City
Paterson City
Bedrooms
7
Bathrooms
2.1
Baths Full
2
Baths Half
1
Acres
0.06

Property Description

PRICE IMPROVEMENT - NOW $524,000! Exceptional opportunity for owner-occupants and investors alike. Completely renovated in 2022, this turn-key multi-family property features two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, offering outstanding income potential and flexible living arrangements. The 1st-floor unit is now vacant, and the 2nd-floor tenant will vacate at closing, providing immediate occupancy and rental flexibility. Unit 1 offers Spanish porcelain flooring, quartz countertops, 2 bedrooms, and a renovated bath. Unit 2 spans the 2nd and 3rd floors with Italian wood-look porcelain flooring, 5 bedrooms, 1.5 baths, and an updated kitchen with quartz counters. Major improvements include new hydronic boilers, updated electrical panels, hot water heaters, separate utilities, updated rear stairs, private backyard, and full basement for storage. Lead-Free Certification and UST Oil Tank Scan documentation available. Conveniently located near schools, shopping, restaurants, parks, and public transportation. Whether you're looking to live in one unit while generating income or add a strong cash-flowing asset to your portfolio, this property delivers exceptional value at its new price.1st Floor is currently Vacant and 2nd floor will vacate if requested.

Additional Information

Taxes
$11,519
Cooling
None
Exterior
Aluminum Siding
Garage Description
None, On-Street Parking
Heating
2 Units, Baseboard - Hotwater
Interior
Fire Alarm Sys, Smoke Detector, Vinyl-Linoleum Floors
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Exterior Features
Open Porch(es)
Garage Description
None, On-Street Parking

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Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 732-735-4715

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