15 N 3Rd St, Paterson City, NJ 07522

$549,000
7
BD
2.1
BA

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List Price
$549,000
Price Change
▼ $45,500 1784673950
MLS#
4031056
Dom
52
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

GREAT INVESTMENT OPPORTUNITY FOR BOTH USER AND INVESTOR. PRICE IMPROVEMENT - NOW $549,000! Exceptional opportunity for both owner-occupants and investors to own this beautifully renovated income-producing multi-family property. Featuring two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, this property offers outstanding rental income potential and flexible living arrangements.The first-floor unit features elegant Spanish porcelain flooring, a large living room, a brand-new eat-in kitchen with custom quartz countertops, two generously sized bedrooms, and a fully renovated bath. The expansive second unit spans the second and third floors and showcases premium Italian wood-look porcelain flooring, a spacious living room, a new kitchen with quartz countertops, five bedrooms, and 1.5 baths.Additional improvements include separate and updated utilities, upgraded electrical panels, newer backyard stairs, a private backyard, and a full unfinished basement offering additional storage and future possibilities. Conveniently located near public transportation, schools, parks, shopping, and restaurants. Whether you're looking to live in one unit and generate rental income from the others or add a strong cash-flowing asset to your portfolio, this turn-key property delivers exceptional value at $549,000. Second-floor tenant will vacate at closing.

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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