84 Auburn St, Paterson City, NJ 07501

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List Price
$1,300,000
Days on Market
250
Status
ACTIVE
MLS#
4005403
Lot Size (Acres)
0.12
Year Built
2020

Property Description

Welcome to a rare turnkey investment opportunity: a 2020-built, 6-unit multifamily property fully leased at strong market rents. This modern asset offers six 1-bedroom, 1-bath residences, each thoughtfully designed with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, and individual HVAC systems controlled by each tenant.The building is engineered for efficiency and durability, featuring tankless instant hot water, a full security camera system, fire sprinkler system, and split HVAC systems serving the common areas. Quality construction and low-maintenance systems translate to reduced operating costs and long-term performance.Located in Paterson, this property combines modern design, high tenant appeal, and reliable cash flow?making it an ideal addition for investors seeking a stabilized, low-maintenance asset from day one. Opportunities like this don?t come around often?secure this premium multifamily investment today.

Additional Information

Area
Paterson City
Basement Desc
Full, Unfinished, Walkout
Utilities
Electric, Gas-Natural
Taxes
$5,940
Exterior
Vinyl Siding
Lot Description
Level Lot
Water
Public Water
Basement
Yes
Cooling
4+ Units, Central Air
Roof
Asphalt Shingle
Show Address
Yes

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of COLDWELL BANKER REALTY HIL, Contact: 551-286-5771

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