84 Madison St Unit 3 Paterson, NJ

Madison St Unit,paterson, Home For Sale

Price: $749,000
Address: 84 Madison St Unit 3
City: Paterson
State: NJ
Zip:
Amenities: Storage
Bathrooms: 3
Bedrooms: 10
Fee: No
Provided By: RealtyWW

Description:

Huge three-family house, featuring 5 bedrooms on each floor, a living room, and a formal dining room. It is located by Downtown Paterson right off Route 19th, within walking distance to shopping centers. It has a driveway for approximately 5-6 cars, close to all major highways. In need of minor TLC. The basement has 2 storage rooms that can be also, rented for another $500 a month. This property is been sold as is.Great investment. It is a money-making tool, producing over $7, 0000 per month when fully rented(currently only the 2nd fl. is about to be vacant), and all apartments have separate utilities. Currently Passaic County Affordable Housing(Sec. 8) is paying up to $3200 for 5-bedroom apartments in the area, therefore your new rent roll will be $9600. The owner will cooperate with 3.5% seller concession if the offer is a full asking price.For more details: https://realtyww.info/homes_paterson-d531054/for-sale_i76214159

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