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Apartment Complex For Sale
84 Jefferson St, Paterson City, Passaic 07522-1750
Excellent investment opportunity with current 8% cap that can easily be brought up to 11%. There is a current property management company in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two bedroom units, totally renovated 6 years with central air. The second building consists of 3 three bedroom units. 2 units renovated 6 years ago and the first floor 3 bedroom unit was totally renovated last year with central air added. There is a coin laundry for the residents and an extra parking lot for additional income . 24 hours notice needed to arrange with the tenants for showings.
- Property Type:
- Apartment Complex
- Listing Type:
- For Sale
- Listing ID:
- 4030473
- Price:
- $999,999
- Year Built:
- 1920
- Lot Area:
- 0.11 Acre
- Status:
- Active
- Office Name:
- KELLER WILLIAMS CITY VIEWS REALTY
- Roof:
- Asphalt Shingle
- Heating System:
- Forced Hot Air
- Cooling System:
- Central Air, Wall A/C Unit(s)
- Basement:
- Unfinished, Bilco-Style Door
- Sewer:
- Public Sewer
- Utilities:
- Gas-Natural
- Country:
- US
- State:
- Passaic
- County:
- Passaic
- City:
- Paterson City
- Zipcode:
- 07522-1750
- Street:
- Jefferson St
- Street Number:
- 84
- Longitude:
- W75° 49' 39.5''
- Latitude:
- N40° 55' 35''
- Directions:
- Corner of N 2nd St to Jefferson St
- Zoning:
- RES
- Lot Size Dimensions:
- 39X121
- Water Source:
- Public Water
- Stories Total:
- 3
- Number Of Units Total:
- 5
- Lot Features:
- Irregular Lot
- Garage:
- 8
- Tax Annual Amount:
- 21377
- List Agent Mls Id:
- 300164
- List Office Mls Id:
- 4984
- Mls Status:
- Active
- Modification Timestamp:
- 2026-05-27T20:49:00Z
- Originating System Name:
- gsmls
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