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Residential Income For Sale

562 Summer Street, Paterson, NJ 07501

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Property Description

Excellent opportunity to own a fully renovated 3-family property in Paterson, NJ! Completely gutted and renovated in 2020, this income-producing property offers peace of mind with major updates already completed, including newer electrical, plumbing, roof, furnaces, and hot water heaters.Each of the three spacious units features 2 bedrooms, a living room, a kitchen, and a full bathroom, providing comfortable layouts that attract quality tenants. The property also offers separate utilities and separate meters, allowing tenants to pay their own gas, electric, heat, and water expenses, maximizing your return on investment.Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property is truly a turnkey cash cow with nothing left to do but collect rent. Conveniently located near shopping, schools, public transportation, and major highways.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
26026840
Price:
$559,000
Status:
Active
Office Name:
EXP Realty, LLC
Agent Name:
Hugo
Features
Architectural Style:
3 Family
Laundry Features:
None
Utilities:
Sep Elec, Sep Gas, Sep Heat, Sep Water
Address Map
Country:
US
State:
NJ
County:
PASSAIC
City:
Paterson
Zipcode:
07501
Street:
Summer
Street Number:
562
Street Suffix:
Street
Longitude:
W75° 50' 10.4''
Latitude:
N40° 54' 30.5''
Additional Information
On Market Date:
2026-07-16
Financial
Tax Annual Amount:
7207
Listing Information
Co List Agent Mls Id:
454226
List Agent Mls Id:
1011826
List Office Mls Id:
2847
Mls Status:
Active
Modification Timestamp:
2026-07-22T14:57:52Z
Originating System Name:
njmls
Status Change Timestamp:
2026-07-16
Residential Income For Sale
Listing ID:
26026840
$559,000
Agent info
Contact Agent

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