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Residential Income For Sale

86 Pennington St, Paterson City, Passaic 07501-3138

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Property Description

Well-maintained 3-family property offering strong income potential in a convenient Paterson location. Each unit features 4 bedrooms and 1 full bath, providing spacious layouts ideal for a variety of living arrangements. All units are currently occupied, generating consistent rental income. The property includes separate living spaces with baseboard gas heating, window unit cooling, and a full walk-out basement offering additional utility and storage. Situated on a regular 25×100 lot, the home is constructed with vinyl siding and is connected to municipal water and sewer. Conveniently located near parks, schools, shopping, and public transportation, making it attractive for both tenants and investors. A solid opportunity to own a multi-family property with existing cash flow and long-term upside.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4023468
Price:
$699,999
Year Built:
1700
Lot Area:
0.06 Acre
Status:
Under Contract
Office Name:
REALTY ONE GROUP LEGEND
Agent Name:
KEVIN MONTERROSA
Full Bathrooms:
4
Roof:
Asphalt Shingle
Features
Heating System:
Baseboard - Cast Iron
Cooling System:
Window A/C(s)
Basement:
Full, Walkout
Architectural Style:
3-Three Story
Sewer:
Public Sewer
Utilities:
Gas-Natural
Address Map
Country:
US
State:
Passaic
County:
Passaic
City:
Paterson City
Zipcode:
07501-3138
Street:
Pennington St
Street Number:
86
Longitude:
W75° 50' 29.3''
Latitude:
N40° 54' 43.5''
Directions:
Between Totowa Avenue and East 24th Street
Additional Information
Lot Size Dimensions:
25X100
Water Source:
Public Water
Number Of Units Total:
3
Building Size:
2964
Financial
Tax Annual Amount:
13614
Listing Information
Co List Agent Mls Id:
294552
List Agent Mls Id:
403676
List Office Mls Id:
189003
Mls Status:
Under Contract
Modification Timestamp:
2026-07-08T09:56:14Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4023468
Lot Area:
0.06 Acre
$699,999
Agent info
Contact Agent

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