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Apartment Complex For Sale
84 Auburn St, Paterson City, Passaic 07501-1541
Welcome to a rare turnkey investment opportunity: a 2020-built, 6-unit multifamily property fully leased at strong market rents. This modern asset offers six 1-bedroom, 1-bath residences, each thoughtfully designed with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, and individual HVAC systems controlled by each tenant.The building is engineered for efficiency and durability, featuring tankless instant hot water, a full security camera system, fire sprinkler system, and split HVAC systems serving the common areas. Quality construction and low-maintenance systems translate to reduced operating costs and long-term performance.Located in Paterson, this property combines modern design, high tenant appeal, and reliable cash flow?making it an ideal addition for investors seeking a stabilized, low-maintenance asset from day one. Opportunities like this don?t come around often?secure this premium multifamily investment today.
- Property Type:
- Apartment Complex
- Listing Type:
- For Sale
- Listing ID:
- 4005403
- Price:
- $1,300,000
- Year Built:
- 2020
- Lot Area:
- 0.12 Acre
- Status:
- Active
- Office Name:
- COLDWELL BANKER REALTY HIL
- Agent Name:
- MATTHEW O HARE
- Roof:
- Asphalt Shingle
- Heating System:
- Forced Hot Air, 4+ Units
- Cooling System:
- Central Air, 4+ Units
- Basement:
- Full, Unfinished, Walkout
- Flooring:
- Vinyl-Linoleum
- Sewer:
- Public Sewer
- Utilities:
- Electric, Gas-Natural
- Country:
- US
- State:
- Passaic
- County:
- Passaic
- City:
- Paterson City
- Zipcode:
- 07501-1541
- Street:
- Auburn St
- Street Number:
- 84
- Longitude:
- W75° 50' 7.7''
- Latitude:
- N40° 55' 9.5''
- Directions:
- Auburn Street
- Zoning:
- Residential
- Lot Size Dimensions:
- 51X100
- Water Source:
- Public Water
- Stories Total:
- 3
- Number Of Units Total:
- 6
- Lot Features:
- Level Lot
- Building Size:
- 5000
- Tax Annual Amount:
- 5940
- List Agent Mls Id:
- 296698
- List Office Mls Id:
- 002455
- Mls Status:
- Active
- Modification Timestamp:
- 2026-04-10T10:47:41Z
- Originating System Name:
- gsmls
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