119 W Broadway, Paterson City, NJ 07522
sale
$600,000
|
Other
Courtesy Of Century 21 Gemini REO Group
Amazing Mixed-Use Investment Opportunity in the Heart of Downtown Paterson!This well-maintained mixed-use property offers strong cash flow and an impressive 10.2% cap rate, making it ideal for both investors and owner-occupants. Ground Floor: Fully operational bar/liquor store, generating steady commercial income. First Floor Apartment: Recently updated with a spacious living room, modern kitchen, 2 generously sized bedrooms, and a full bathroom Second Floor Apartment: Features a large living room, kitchen, 2 bedrooms, a full bathroom, plus a bonus finished attic with an additional full bathroomKey Upgrades: New Roof, Tankless energy-efficient hot water heater ,Baseboard heating Located in a high-traffic area of downtown Paterson, close to transit, shops, and restaurants. This is a rare chance to own a high-yielding, turn-key asset in a growing market
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Property Features
- Architecture Style: Other
- Building Units: 3
- Cooling System: None (Cooling)
- Exterior Type: Vinyl Siding
- Floor Covering: Vinyl
- Floor Covering: Linoleum
- Floor Covering: Wood
- Floor Covering: Tile
- Floors: 3
- Heating System: Baseboard
- Heating System: Hot Water (Heating)
- MLSID: 3964696
- Roof Type: Flat
- Rooms: Basement
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