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Apartment Complex For Sale

54 17th Ave, Paterson City, Passaic 07501-2440

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Property Description

Exceptional investment opportunity this well-maintained 5-unit apartment building delivers stable income, strong rental demand, and long-term upside. The property features a balanced mix of spacious units, each offering comfortable layouts, good natural light, and reliable tenancy. Recent updates include new electrical panels, refreshed common areas, and low maintenance exterior enhancements. Tenants enjoy convenient access to local shopping, transportation, parks, and major highways, making this an ideal location for consistent occupancy. the building presents additional value-add potential through increasing rents or developement.

Basic Details
Property Type:
Apartment Complex
Listing Type:
For Sale
Listing ID:
4039186
Price:
$1,300,000
Year Built:
1950
Lot Area:
0.12 Acre
Status:
Active
Office Name:
TES REALTY GROUP, INC.
Roof:
Asphalt Shingle
Features
Heating System:
1 Unit
Cooling System:
Window A/C(s)
Basement:
Full, Finished
Sewer:
Public Sewer
Utilities:
Electric, Gas In Street
Address Map
Country:
US
State:
Passaic
County:
Passaic
City:
Paterson City
Zipcode:
07501-2440
Street:
17Th Ave
Street Number:
54
Longitude:
W75° 50' 37.7''
Latitude:
N40° 54' 48.8''
Directions:
Madison ave to 17th ave
Zoning:
Com
Additional Information
Lot Size Dimensions:
50X103
Water Source:
Public Water
Stories Total:
3
Number Of Units Total:
5
Garage:
4
Financial
Tax Annual Amount:
20144
Listing Information
List Agent Mls Id:
299002
List Office Mls Id:
5381
Mls Status:
Active
Modification Timestamp:
2026-07-08T09:48:42Z
Originating System Name:
gsmls
Apartment Complex For Sale
Listing ID:
4039186
Lot Area:
0.12 Acre
$1,300,000
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
Email: info@myrealestatemission.com