Legal three family in Paterson. Looking for investment opportunity to live-in one unit and rent the other two units. In 2018 two units where renovated. Layouts consist of fours bedrooms, living room,kitchen and full bathroom. All exactly the same on all floors.
Well-maintained 3-unit multi-family property opportunity. Two units feature 3 bedrooms and 1 bath, while the third unit offers 2 bedrooms and 1 bath. Units are currently vacant, and available for lease. Property features separate utilities for each unit, basement access, and a shared backyard for tenant enjoyment. Recent exterior upgrades include a newer roof and siding, while interior improvements include 2 newer boilers, along with updated plumbing and electrical systems. Conveniently located with access to all major highways.
Excellent opportunity to own this two-family home in a convenient Paterson location. 2nd floor Unit was fully renovated about a year ago and 1st floor unit is in good well maintain condition. Each unit features 3 spacious bedrooms and 2 full bathrooms, offering comfortable living space for both owner-occupants and investors. Separate living and dining areas provide plenty of room for everyday living and entertaining. The property includes a private driveway with 2 exclusive parking spaces, providing added convenience for residents. Conveniently located near schools, shopping, public transportation, major highways, parks, and local amenities. Don't miss this opportunity to own a versatile investment property in a desirable area.
Introducing this brand-new luxury 2-family home in South Paterson, offering a total of 6 bedrooms and 5 full bathrooms, including two identical units each featuring 3 bedrooms, 2 full baths, a spacious living room, dining room, and a private primary suite with its own bath, plus a ground-level studio with a full bathroom ideal for guests or rental income. This newly constructed property boasts modern finishes, an attached garage, and an unbeatable location just steps from local restaurants, the library, shops, and NYC buses perfect for those seeking comfort, convenience, and exceptional investment potential .Enjoy a low $3,000/year property tax rate under a 5-year tax abatement, making this an opportunity you don't want to miss.
2-Unit Multi-Family with Strong Cash Flow & Upside Potential. This income-producing 2-family property offers immediate rental income with additional upside in a convenient location. The building includes three separate units: a 3-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, and a finished 2-bedroom, 1-bath basement apartment ideal for maximizing rental potential. The basement unit adds further income potential, making this a strong opportunity for investors seeking both cash flow and future growth.Each unit features a functional living and kitchen layout, with refrigerators and microwaves included. The basement unit benefits from its own split AC system, while upper units utilize window units. There is no on-site parking, with street parking available, and a shared backyard area offers outdoor space for tenants. Whether you're expanding your portfolio or looking for a multi-unit with built-in upside, this property delivers a compelling mix of current income, tenant stability, and value-add potential.
Welcome to this extraordinary 2-family home that lives like a 4-family, ideal for investors or extended-family living. Thoughtfully designed with 4 distinct living areas, this property offers outstanding flexibility, space & income potential. The 1st-floor unit features 3 generously sized bedrooms plus a bonus room with a closet, perfect for a den, office, or guest space. A massive, updated kitchen with granite countertops & stainless-steel appliances & a full bathroom complete the unit. The 2nd-floor unit offers 3 well-proportioned bedrooms, a full bathroom & a kitchen, along with an optional extended-family suite featuring a private entrance, kitchenette, living room, & full bathroomââ?¬â?ideal for multigenerational living or additional rental income. The finished basement, with a separate entrance, adds even more versatility & includes a kitchen, living room, bedroom, full bathroom, & a separate laundry room. Additional highlights include separate meters for units, an 8-car driveway, & a vast backyard with a deck, perfect for entertaining or relaxing. The home also boasts a beautiful exterior & newer roof, offering strong curb appeal & peace of mind. The property is currently rented, with the option to be delivered vacant or with tenants. Perfect location, near Garrett Mountain - close to schools, shopping, restaurants, houses of worship & public transportation. A rare opportunity combining space, income potential, and locationââ?¬â? truly a must-see property.
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.
GREAT INVESTMENT OPPORTUNITY FOR BOTH USER AND INVESTOR. DON'T MISS THE OPPORTUNITY TO OWN THIS BEAUTIFUL RENOVATED MULTI UNIT PROPERTY. This home features 2 large units plus a 3rd floor ADU (2 Bdrms/Kit/Bath), offering exceptional income potential and flexible living options. The 1st flr unit boasts stunning Spanish porcelain flooring throughout, a spacious living room, and a brand new eat-in kitchen with sleek custom quartz countertops. This unit also includes 2 generously sized bedrooms and a fully updated bathroom, perfect for owner occupancy or steady rental income. The 2nd unit spans the 2nd and 3rd floors and truly stands out with premium Italian wood-look porcelain flooring, a bright and open living room, and a brand new eat-in kitchen featuring elegant quartz countertops. With 5 bdrms & 1.5 bathrooms, this expansive unit provides incredible space and strong rental potential .Additional highlights include: Separate & newer utilities " ideal for investors. Updated electrical panels. Newer backyard stairs Private, spacious backyard Full unfinished basement with added potential Located in a convenient, commuter-friendly neighborhood, near public transportation, schools, parks, restaurants, and shopping, this property checks every box for both lifestyle and investment. Whether you're looking to live in one unit and offset your mortgage or maximize rental income, this property delivers Turn-key, income-producing, and ready to go. 2nd flr tenant will vacate at closing
Great opportunity to own this well-maintained two-family home in the heart of Paterson. The first-floor unit offers a comfortable two-bedroom layout, while the second-floor features three bedrooms with updated finishes and bright living areas. Each unit has separate utilities and private entrances, offering flexibility for an owner-occupant or investor. Conveniently located near major highways, NJ Transit, schools, and shopping, this property provides an easy commute to New York City. A private backyard and off-street parking complete this versatile homeââ?¬â?perfect for generating rental income or living in one unit while renting the other.
Knock knock! A great investment opportunity just opened up in the desirable South Paterson! Great for owner occupants and investors alike! This investment property offers a total of 4 Bedrooms and 3 Bathrooms. Each unit comes with it's own washer/dryer including the basement! All units can use some TLC however, it can be rented as is for quick rental income! Conveniently located minutes away from major highways such as Rt 80, Rt 46 and the Garden State Parkway! There are also tons of Bus stops are within short distance! The Basement is unfinished with it's own washer/dryer as well as a full bathroom. Both units have separate utilities! There's plenty of Street Parking to choose from! Don�t miss this opportunity! Schedule your own private tour asap!
Unlock the potential of this well maintained 2-family home a block from Haledon Ave with all major transportation stops. Featuring 6 bedrooms + 2 full bathrooms with separate entrance to basement and spacious back yard, this property is a true gem. The first unit offers 2 bedrooms, 1 full bathroom, a cozy living area and well maintained eat in kitchen. It seamlessly connects to the spacious yard. The second unit is fully renovated offering tremendous space with 2 floors; 4 bedrooms total and a full bath, kitchen and living area. Don't miss out on this unique opportunity with LOW PROPERTY TAXES!
Attention Investors and First-Time Buyers! This legal 3-family house offers an excellent opportunity to generate rental income. Live in one unit and let the others help offset your expenses, or maximize its full investment potential. The 1st and 2nd floors each feature 3 bedrooms, while the 3rd floor offers a 1-bedroom unit. Recent updates include a newer roof (2022) and solar panels, which will be fully paid off by the seller and will be transferred to the new owner at closing. The property also features a full finished basement and separate utilities for each unit. Conveniently located near transportation, shopping, schools, and major conveniences. The 1st-floor unit will be delivered vacant at closing. No current leases are in place. Green Card will be provided by the seller. PROPERTY BEING SOLD IN AS-IS CONDITION
Excellent investment opportunity with a current 8% cap that can be easily raised to 11%. A current property management company is in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two-bedroom units, renovated 6 years ago and equipped with central air. The second building consists of 3 three-bedroom units. 2 units were renovated 6 years ago, and the first-floor 4-bedroom unit was totally renovated last year, with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All have long-term tenants.
5 FAMILY! 2 2-bedroom, 1-bath units, 2 3-bedroom, 1-bath units, and 1 4-bedroom, 2-bath unit. Excellent investment opportunity with a current 8% cap that can be easily raised to 11%. A current property management company is in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two-bedroom units, renovated 6 years ago, and equipped with central air. The second building consists of 3 three-bedroom units. 2 units were renovated 6 years ago, and the first-floor 3-bedroom unit was totally renovated last year, with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All have long-term tenants.
Pristine and well-maintained legal 2-family residence featuring a private driveway and detached garage. The first-floor apartment consists of 2 bedrooms and 1 full bath. The second-floor apartment offers 2 bedrooms, 1 full bath, and access to a finished attic space, ideal for storage. The property also features a beautifully maintained finished basement with a full bathroom, perfect for recreational use or a home workshop. Modern, clean kitchens feature functional breakfast islands and reliable appliances. Conveniently located near transportation and shopping. Attic and basement spaces are finished for storage/recreation only.
Move right into this legal 3-family investment opportunity with low taxes and strong income potential. Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking a solid addition to your portfolio, this property checks the boxes. Renovated within the last 3 years, this turnkey property offers spacious layouts in each unit featuring a living room, kitchen, and 3 bedrooms. Separate utilities provide convenience and efficiency for both owners and tenants. A rare opportunity combining space, updates, and investment value. Property in a flood zone.
Experience the pinnacle of modern investment with this rare, totally rebuilt 2024 three-family masterpiece. Each of the three expansive units has been meticulously designed for the sophisticated renter, featuring soaring high ceilings, a generous three-bedroom, two-full-bath layout, and the essential comfort of central air conditioning throughout. Every residence is a study in contemporary luxury, boasting premium finishes and the ultimate convenience of dedicated in-unit laundry, ensuring these apartments command top-tier market rents. For the savvy investor, this property offers an exceptional turnkey opportunity with excellent existing rental income and significant upside potential. The financial appeal is further enhanced by extremely low taxes, creating an incredible high-margin investment with minimal overhead. Its location is a commuter's dream, situated moments away from major NYC transportation hubs and primary highways, ensuring a consistent and high-quality tenant pool. Whether you are looking to occupy one unit and have your mortgage paid or add a pristine, low-maintenance asset to your portfolio, this 2024 build represents an unrivaled opportunity in today's competitive market.
Welcome to this well-maintained 2-family home located in the heart of Paterson. This property features two spacious 3-bedroom units, offering a fantastic opportunity for both investors and owner-occupants alike. Each unit provides a functional layout with generous living space and abundant natural light. The property also includes a detached 2-car garage, separate utilities, and a full unfinished basement with walk-out access offering additional storage potential. Conveniently located near transportation, shopping, schools. Property will be delivered vacant, making it ideal for immediate occupancy or market rents. Don�t miss the opportunity to own a versatile multi-family property with strong income potential.
This fully renovated 3-family property offers modern updates throughout, making it ideal for both investors and owner-occupants. Each unit features updated kitchens, and ample natural light. The property is conveniently located near local amenities and transportation, providing a great opportunity for rental income.
Spacious and well-maintained two-family home offering exceptional living space and versatility. Each floor features 3 generously sized bedrooms, 2 full bathrooms, a bright Living Room, and a formal Dining Room, providing comfortable layouts for both owner-occupants and tenants alike. The first-floor unit includes a charming enclosed porch/green room, perfect for relaxing, entertaining, or enjoying year-round natural light. The fully finished basement adds even more functional space with additional rooms and a full bathroom, ideal for extended living, recreation, storage, or home office use. This property also offers both front and rear entrances/exits for added convenience and privacy, along with a spacious driveway accommodating 3+ cars. A fantastic opportunity for an owner-occupant looking to offset expenses with rental income or an investor seeking strong multi-family potential.
Spacious and well maintained mutlifamily fully rented with positive cash flow. 1st floor has 3 bedrooms and 2 bathrooms. 2nd floor's unit was divided into 2 separte living spaces. The 3rd unit in the attic was recently renovated and is a 1 bedroom.Updated systems with renovated attic in 2026. 4 new water heaters in 2025. Furnaces are serviced yearly. Nice backyard that can be shared. Finished walk out basement with summer kitchen, bathroom, and bonus rooms.
Welcome home to this updated extremely spacious 2 family property with a walk up 3rd floor bonus unit. The first floor unit includes 2 bedrooms a living rm, dining rm, a eat in kitchen and a full bath. The 2nd floor unit also has two bedrooms, a beautiful eat in kitchen w/ island, living rm, dining rm and full bath. There is a walk up 3rd floor with another potential two bedrooms and living rm, kitchnette area and full bathroom. Additionally there is a full basement with laundry facilties and conventient on-street parking. Finally this property is also located minutes from major highways and within walking distance of local schools, shops and houses of worship. The home is perfect for a large family or an investor looking for a great property to add to their portfolio!
Paterson is located in New Jersey. Paterson, New Jersey has a population of 157,927. Paterson is less family-centric than the surrounding county with 27.19% of the households containing married families with children. The county average for households married with children is 29.96%.
The median household income in Paterson, New Jersey is $48,540. The median household income for the surrounding county is $78,386 compared to the national median of $69,021. The median age of people living in Paterson is 33.1 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 48.9 inches per year, with 25.1 inches of snow per year.