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50 Cianci St

Paterson City, NJ 07501
  • $690,000
  • STATUS: Active Under Contract
  • ON SITE: 322 Days
  • MLS #: 3682386
Under Contract
UPDATED: 61 min ago
$690,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,730
    SQFT
  • $103
    $/SQFT
Type:
Commercial
Built:
1939
County:

School Ratings & Info

Description

Mixed-use opportunity (4 apartments and 1 retail) in the heart of downtown Paterson. 8 bedrooms and 4 full baths total. Great for both an owner-occupant with a business on the ground floor or an investor looking for value add. Under market value rents grossing $48,882. Separate utilities yielding a 7% cap rate. 2 water heaters replaced in 2018, 1 replaced this year. 5-year-old furnaces. The roof replaced 5 years ago. All tenants are in good standing with month-to-month agreements. Please note there's a large clean basement with plenty of storage. Property is being sold as-is LQ LICENSE NOT INCLUDED

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© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Caitlyn Mulligan with RE/MAX Revolution. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Caitlyn Mulligan with RE/MAX Revolution are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-10-28T10:47:07.577.
www.mulligansellsmore.com/homes/112495636
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50 Cianci St Paterson City, NJ 07501

  • Price: $690,000
  • Status: Active Under Contract
  • Updated: 61 min ago
  • MLS #: 3682386
0
Beds
0
Baths
0
½ Baths
0.06
Acres
6,730
SQFT
$103
$/SQFT
1939
Built
County:
Passaic
Area:
Paterson City
Property Description
Mixed-use opportunity (4 apartments and 1 retail) in the heart of downtown Paterson. 8 bedrooms and 4 full baths total. Great for both an owner-occupant with a business on the ground floor or an investor looking for value add. Under market value rents grossing $48,882. Separate utilities yielding a 7% cap rate. 2 water heaters replaced in 2018, 1 replaced this year. 5-year-old furnaces. The roof replaced 5 years ago. All tenants are in good standing with month-to-month agreements. Please note there's a large clean basement with plenty of storage. Property is being sold as-is LQ LICENSE NOT INCLUDED
Exterior Features

Approximate Lot Size 25X100 Construction Wood Exterior Description Brick/Block Location Business District Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description Bilco-Style DoorFinishedStorage Cooling Wall A/C Unit(S) Equipment Available AppliancesFixtures Heating Baseboard - Hotwater Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 7 Office Sq Ft 2500

Property Features

For Sale Or Lease For Sale Fuel Type Gas-Natural Primary Property Type Mixeduse Property Type Mixed UseRestaurant/Bar Sale Includes Building & Business Sewer Public Sewer Suite Number 1 Tax Amount 18305 Tax Rate Amount 4.134 Tax Rate Year 2019 Tax Year 2019 Utilities Gas In Street Water Public Water Year Built Description Approximate Zoning Mixed

Listing information © 2021 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of .


© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Caitlyn Mulligan with RE/MAX Revolution. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Caitlyn Mulligan with RE/MAX Revolution are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-10-28T10:47:07.577.
 
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Caitlyn Mulligan with RE/MAX Revolution
2101 route 34, Suite B
Wall NJ, 07719