100 3Rd Ave 6, Paterson City, NJ 07514

• 10 beds |
• 5 baths

Property Description

The property has a great rent roll for any investor. The CAPE RATE is above 8-9%. The one-family house rented for $2,685. The rear apt is rented for $2,400.00, and the restaurant rent is $2,200.00; Garage rent is $825.00. Studio apt rent is $1,100.00. The other rear unit is $2,100.00. The listing is being sold as a 4-unit property with the restaurant and garages with the addresses of 100, 102, and 104 3 Ave, Paterson. The total monthly rent is $11,310.00, with the tenants paying their heat and AC expenses. So the property has one fam, store/restaurant, rear apt 2nd fl, garage storage, Studio apt, Rear apt. The yard has room to park up to 4-5 cars. The total annual rent is $135,720.00; the total taxes for the property are $33,854.00

Listing Status:

Active

Listing Office:

COLDWELL BANKER SUSANI REALTY : 973-790-6996

MLS ID:

3997336

Interior

• General: Carbon Monoxide DetectorFire ExtinguisherSmoke Detector
• Basement: PartialUnfinished
• A/C: None
• Heating: 1 UnitBaseboard - HotwaterGas-Natural

Exterior

• General: AluminumConcBrdCurbsSidewalkStorm Window(s)
• Parking: Parking spaces: 4

Construction

• Roofing: Asphalt ShingleRubberized

Location

• County: Passaic

Lot

• Driveway: BlacktopDriveway-SharedOff-Street ParkingOn-Street Parking
• Zoning: 2508-02409-0000-00013-0000-

Utilities

• Utilities: All Underground
• Water: Public Water
• Sewer: Public Sewer

Financial

• Exclusions: The Restaurant has all of its own equipmenttableschairs.

This listing courtesy of COLDWELL BANKER SUSANI REALTY