Paterson, NJ 07514,557-565 23RD ST
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Paterson, NJ 07514,557-565 23RD ST
Paterson, NJ 07514,557-565 23RD ST
Paterson, NJ 07514,557-565 23RD ST
Paterson, NJ 07514,557-565 23RD ST

$1,350,000

Est. payment /mo

$1,350,000

Est.Price: ?

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557-565 23RD ST Paterson, NJ 07514

8 Baths

SOLD DATE : 03/31/2025

Key Details

Sold Price $1,350,000

Property Type Commercial

Sub Type Investment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 250002501

Sold Date 03/31/25

Full Baths 8

Annual Tax Amount $32,394

Lot Dimensions 136X100

Property Sub-Type Investment

Property Description

Discover a unique 8-unit garden-style multifamily property that stands apart from the rest! Situated on the border of the Wrigley Park and East Side neighborhoods, this well-maintained asset offers tremendous curb appeal, a very attractive option for local renters. With minimal deferred maintenance, investors can cash flow from day one, while still unlocking additional value through strategic management and improvements. Boasting a thoughtful unit mix, each apartment is spacious and well laid out, catering to tenant comfort and long-term occupancy. Whether you're an investor looking for a stable income-producing property or seeking an opportunity to enhance returns throughout repositioning, this property delivers both reliability and upside for its next owner.

Location

State NJ

County Passaic

Area Paterson

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Listed by EXP REALTY LLC
Bought with NON-MEMBER
agent

Whitney Dasilva

Agent

+1(201) 885-0858

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