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955-957 Madison Avenue, Paterson, NJ 07501

$689,000
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Under Contract
BEDS7 BATHS3 full MLS#26019884
STATUSUnder Contract PROPERTY TYPEMulti Unit - Multiple

Property Description

Excellent opportunity for owner-occupants or investors seeking to build equity. This spacious three-family property offers approximately 3,500+ square feet of living space and features Separate Utilities, Two 3-Bedroom units, One 1-bedroom unit, a Large Unfinished basement, and 1 Car detached garage. Improvements include Three New Gas Boilers, Three New Hot Water Heaters, Two Newer kitchens, and Mostly All Newer Windows. One unit is currently occupied while two units are vacant, providing flexibility for immediate occupancy, owner occupancy, or rental income potential. While the property may require some TLC and updating, it presents an excellent opportunity for cash buyers, contractors, investors, or purchasers utilizing renovation financing such as FHA 203(k), HomeStyle, or similar rehabilitation loan programs.Property is being sold strictly AS-IS. Seller will make no repairs nor provide any credits. Property includes a Shared Driveway providing access to the rear garage area. Buyers are encouraged to conduct their own due diligence regarding property condition, easements, permits, zoning, and municipal requirements.

955-957 Madison Avenue | MLS# 26019884

This multi-family property located at 955-957 Madison Avenue, Paterson, NJ 07501 is currently listed for sale with an asking price of $689,000. Search Paterson real estate on www.joycerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Taxes: $15,605

Feature Descriptions

Days on Site: 24
Number of Rooms: 16
Utilities: SEPERATE Elec, SEPERATE Gas, SEPERATE Heat

Listed By / Shown By

Listing By

Agency Name: Buildings Realty, LLC
Agency Phone: 973-246-7040

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 3,034.79 per month $1,533.42 Principal & Interest $1,300.42 Property Tax $200.96 Homeowner's Insurance

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