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The Mountaintop Group
94 Manchester Ave, Paterson City, NJ 07502
- $469,900
- 5
- BD
- 3
- BA
- List Price
- $469,900
- Days on Market
- 13
- Status
- ACTIVE
- MLS#
- 4056877
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Lot Size (Acres)
- 0.06
- Year Built
- 1939
Property Description
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.
Additional Information
- Area
- Paterson City
- Basement Desc
- Finished, Full
- Utilities
- Electric, Gas-Natural
- Taxes
- $8,562
- 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 EXP REALTY, LLC, Contact: 973-250-9974
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