Income producing 7 unit corner property located at 62-64 Lafayette Street in Paterson, set on an oversized 50x100 lot with on site parking. This fully detached three story building offers a strong unit mix of one and three bedroom apartments, appealing to a wide range of tenants. All units have been renovated in recent years, providing solid in place income with minimal immediate capital needs. Tenants pay their own utilities, helping maintain efficient operating expenses. Currently delivering over an 9% cap rate with additional upside potential, this property presents a strong investment opportunity. Conveniently located near public transportation, shopping, schools and much more!
Listing By
Agency Name: EXP Realty, LLC
Agency Phone: 866-201-6210
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 1,337.25 per month $0.00 Principal & Interest $1,337.25 Property Tax $0.00 Homeowner's InsuranceSend an email with a link to
62-64 Lafayette Street 7, Paterson, NJ 07501.
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62-64 Lafayette Street 7 | MLS# 26009747
This real estate located at 62-64 Lafayette Street 7, Paterson, NJ 07501 is currently listed for sale with an asking price of call for price. Search Paterson real estate on www.joycerealty.com today.