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The Mountaintop Group
14 Pearl St, Paterson City, NJ 07501
- $499,000
- 4
- BD
- 3
- BA
- List Price
- $499,000
- Days on Market
- 12
- Status
- ACTIVE
- MLS#
- 4057602
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Lot Size (Acres)
- 0.04
- Year Built
- 1986
Property Description
Excellent opportunity to own a two-family property in a convenient downtown location near the train station. The property features two separate units, one on the first floor and one on the second floor, each offering 2 bedrooms and 1 full bath, along with a fully finished basement providing valuable additional space. The property currently produces a total rent roll of $5,000 per month. All tenants are on month-to-month leases, providing added flexibility for a buyer who may want to occupy one of the units while continuing to collect rental income from the other. Well suited for both an owner-occupant looking to offset housing costs and an investor seeking an income-producing property, this two-family offers a flexible layout, established rental income, and a strong downtown location with convenient access to transportation, shopping, dining, and the train station. This property also qualifies for a low down payment, low interest rate loan as well as down payment assistance for first time buyers. Call the listing office now for more details.
Additional Information
- Area
- Paterson City
- Basement Desc
- Finished, Full
- Utilities
- Electric, Gas-Natural
- Taxes
- $9,336
- Exterior
- Vinyl Siding
- Water
- Public Water
- Basement
- Yes
- Cooling
- Window A/C(s)
- Roof
- Asphalt Shingle
- Show Address
- Yes
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Listing Courtesy Of ALEXANDER ANDERSON REAL ESTATE, Contact: 201-343-6640
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