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62-64 Lafayette Street 7, Paterson, NJ 07501

call for price
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Active
MLS#26009747
STATUSActive PROPERTY TYPEResidential - Retail

Property Description

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!

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.

Property Features

Property Type: Residential - Retail
Taxes: $16,047

Feature Descriptions

Days on Site: 100
Utilities: SEPERATE Gas, SEPERATEerate Heat

Listed By / Shown By

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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$ 1,337.25 per month $0.00 Principal & Interest $1,337.25 Property Tax $0.00 Homeowner's Insurance

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