$1,350,000
$1,350,000
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557-565 23RD ST Paterson, NJ 07514
8 Baths
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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Bought with NON-MEMBER