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$ 1,300,000
Est. payment /mo
Active
84 Auburn St Paterson City, NJ 07501
5,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $260
MLS Listing ID 4005403
Year Built 2020
Annual Tax Amount $5,940
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
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.
Location
State NJ
County Passaic
Zoning Residential
Rooms
Basement Full, Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling 4+ Units, Central Air
Flooring Vinyl-Linoleum
Equipment Appliances, Fire Alarm, Security System, Smoke Detector, Sprinkler System
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by COLDWELL BANKER REALTY HIL
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