199 W Broadway, Paterson, NJ 07522
sale
$4,250,000
|
Other
Courtesy Of Haven Realty LLC
Newly constructed, fully rented mixed-use investment opportunity offering immediate cash flow and long-term upside. This modern building features 12 residential units, including 3 one-bedroom/one-bath apartments and 9 two-bedroom/two-bath apartments, plus 1 ground-level retail space, all currently leased. Each residential unit offers separate heating and cooling systems along with in-unit washer/dryers. Private on-site parking adds strong tenant appeal and long-term value. In addition to the immediate cash flow, the property benefits from time remaining on a 20-year tax abatement. A well-maintained, fully stabilized investment property offering immediate income with the benefit of long-term tax advantages.
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Property Features
- Amenities: Security System
- Cooling System: Central Air
- Exterior Type: Brick Veneer
- Exterior Type: Aluminum Siding
- Floor Covering: Wood
- Floor Covering: Tile
- Floors: 3
- Heating System: Forced Air
- MLSID: 22603029
- Parking Spaces: 8
- Roof Type: Flat
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