Welcome to 491 21st Avenue, an outstanding income-producing property offering exceptional flexibility and growth potential. This unique opportunity features two separate buildings on one lot in a high-visibility, high-traffic location within the vibrant People's Park neighborhood.The front building includes a fully-leased retail storefront currently used as a dentist office at street level and two spacious residential apartments above, ideal for consistent, diversified rental income. The rear building offers two additional residential apartments, providing even greater earning potential. Property Highlights: 8.5% cap rate and Total of 5 rental units (1 commercial + 4 residential) Strong rental history with immediate income generation, Separate entrances for all residential units, Low-maintenance exterior with brick facade, Prime high-traffic location perfect for business exposure, Close proximity to public transportation, shopping, schools, and major highways. Zoned for residentia
For sale
$925,000
491 21st Ave, Paterson, NJ 07513
--beds
--baths
--sqft
Est.:
Mixed Use
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spacious residential apartments
- 36 days
- on Zillow |
- 95 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 29, 2025 at 10:06am
Listed by:
Omar Fernandez 973-968-9497,
EXP Realty, LLC
Source: NJMLS,MLS#: 25013942

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