40 Manchester Ave, Paterson City, NJ 07502
- $839,000
- 10
- BD
- 4
- BA
- List Price
- $839,000
- Price Change
- ▼ $21,000 1790035298
- Days on Market
- 70
- Status
- ACTIVE
- MLS#
- 4041532
- Bedrooms
- 10
- Bathrooms
- 4
- Full Baths
- 4
- Lot Size (Acres)
- 0.11
- Year Built
- 1940
Property Description
Excellent investment opportunity with great income potential! This property features two additional units that can help cover the mortgage payment, making it an ideal choice for both investors and owner-occupants looking to generate cash flow, or just live there. The property offers 10 spacious parking spaces, a highly valuable feature for residents and tenants. Additionally, it boasts a fully finished basement with excellent potential to generate extra income, or to be used as a large storage area. The building is up to date with all local and state inspections, with no pending inspections, providing peace of mind to the buyer for 5 more years. The second-floor apartment is currently vacant and will remain so to facilitate the purchase, offering the flexibility to occupy it immediately or select your own tenant and maximize the rental potential. Don't miss out on this excellent opportunity to acquire a property with multiple income streams and great appreciation potential! REDUCE FOR A FASTER SALE, TAKE ADVANTAGE AND MAKE IT YOUR NOW...!!!
Additional Information
- Area
- Paterson City
- Basement Desc
- Finished, Full
- Utilities
- Electric, Gas-Natural
- Taxes
- $18,149
- Exterior
- Vinyl Siding
- Lot Description
- Level Lot
- Water
- Public Water
- Basement
- Yes
- Cooling
- None, WindowAC
- Interior
- Carbon Monoxide Detector, Fire Extinguisher, Marble Floors, Parquet Floors, Smoke Detector
- Roof
- Asphalt Shingle
- Show Address
- Yes
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Listing Courtesy Of PROMISE LAND REALTY, Contact: 973-253-7330
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