41 Paterson Ave

Description

This mixed-use property is situated in the Great Falls Historic District, within walking distance of the Paterson Great Falls and schools, in a highly desirable area of Paterson. This property offers a prime location for both living and professionals alike with its unique blend of residential and commercial spaces. The structure features four well-appointed 880 square foot one-bedroom apartments, each complete with a living room, dining room, kitchen, private bathroom, and separate electric utilities. The spacious 1848 square foot commercial space has separate electric and gas utilities and can support a wide range of uses including office space, light manufacturing, warehouse storage, mixed use office/shop, as well as a possible laundromat and storefront. The exterior brick and shingle building boasts a new roof, new shake-shingle siding, new gutters with down spouts, new sidewalk and paved entry ramp to car-port and driveway for private off-street parking (9 spaces, with potential for 10). Residents will appreciate the designated covered carport to ensure hassle-free parking. Its versatile layout and convenient amenities make it an attractive investment opportunity for those seeking a balance between residential and commercial spaces. (Apartment B is vacant to make viewing easier. All apartments are the same setup.)