94 Manchester Ave, Paterson City, NJ 07502
- $520,000
- 5
- BD
- 3
- BA
- List Price
- $520,000
- MLS#
- 4031912
- Year Built
- 1939
- Status
- ACTIVE
- County
- Passaic
- City
- Paterson City
- Bedrooms
- 5
- Bathrooms
- 3
- Baths Full
- 3
- Acres
- 0.06
Property Description
2-Unit Multi-Family with Strong Cash Flow & Upside Potential. This income-producing 2-family property offers immediate rental income with additional upside in a convenient location. The building includes three separate units: a 3-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, and a finished 2-bedroom, 1-bath basement apartment ideal for maximizing rental potential. The basement unit adds further income potential, making this a strong opportunity for investors seeking both cash flow and future growth.Each unit features a functional living and kitchen layout, with refrigerators and microwaves included. The basement unit benefits from its own split AC system, while upper units utilize window units. There is no on-site parking, with street parking available, and a shared backyard area offers outdoor space for tenants. Whether you're expanding your portfolio or looking for a multi-unit with built-in upside, this property delivers a compelling mix of current income, tenant stability, and value-add potential.
/u.realgeeks.media/tonislist/exp_Black.png)
Additional Information
- Taxes
- $8,562
- Cooling
- Window A/C(s)
- Exterior
- Vinyl Siding
- Garage Description
- See Remarks
- Heating
- 2 Units, Forced Hot Air
- Roof
- Asphalt Shingle
- Sewer
- Public Sewer
- Water
- Public Water
- Basement
- Yes
- Garage Description
- See Remarks
Mortgage Calculator
Listing Courtesy Of EXP REALTY, LLC, Contact: 973-250-9974
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Updated: