Excellent opportunity to own a legal three-family income-producing property on a 25x100 lot in the heart of Paterson! Featuring 7 bedrooms and 4 full baths, this property offers three spacious units with consistent rental income and room for value-add improvements. Each unit is separately metered for utilities, keeping operating costs low and management efficient. Located near schools, parks, shopping, and major transportation routes, ensuring strong tenant demand and minimal vacancy. Ideal for investors seeking steady cash flow, long-term appreciation potential, and a solid addition to any portfolio.
Active
$680,000
262 Union Ave, Paterson City, NJ 07502
7beds
5,600sqft
Est.:
Multi Family
Built in 1997
-- sqft lot
$682,000 Zestimate®
$121/sqft
$-- HOA
What's special
Spacious units
- 4 days |
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