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$ 1,450,000
Est. payment /mo
Price Dropped by $49K
384-390 River St Paterson City, NJ 07524
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4008849
Year Built 1930
Annual Tax Amount $28,022
Tax Year 2024
Lot Size 3,049 Sqft
Property Sub-Type Mixed Use
Property Description
First time in the market, this fabulous 8 units mix-use property consisting of 4-2 bedrooms 2nd floor residential units in great condition, built approx. 1995 with modern/open layouts, LR, Kitchens, 2 spacious bedrooms and bath, all separate utilities and gas baseboard heat (RENTS are under Mkt Value and currently M2M at $1200 EACH), the ground floor consists of 4 shops (Unit#1 currently for rent at $2,000 a month consisting of approx 2000SQF formerly used as an upholstery shop with overhead 12' door), Unit#2: a Karate/Gym with office and 2nd floor room with restrooms rented at $1650, Unit#3: Tire-Shop currently $1,280, and Unit#4 Auto Repair $1680. Property is very well maintained and in good condition consisting of 2 lots (384-386 River St - Parking for tenants, and 386-390 River St ).This building is very well-maintained, in a convenient location of Paterson, close to shopping, NYC transp and most area's highways.
Location
State NJ
County Passaic
Zoning NA
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s)
Flooring Concrete, See Remarks, Tile, Wood
Equipment Appliances, Fire Alarm, Restrooms - Private, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum, Concrete
Garage Spaces 6.0
Utilities Available All Underground
Roof Type Flat, Rubberized
Building
Lot Description Level Lot
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by UNITED REAL ESTATE