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84 Auburn St

Paterson City, NJ 07501
  • $1,400,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: 3925839
UPDATED: 70 min ago
$1,400,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,099
    SQFT
  • $342
    $/SQFT
Type:
Commercial
Built:
2020
County:

School Ratings & Info

Description

Welcome to your next investment gem: a turnkey 6-unit building built in 2020, fully leased at top-end rents! Each modern 1-bedroom, 1-bathroom unit features luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, independent HVAC systems, tankless instant hot water systems, all controlled by tenants, Enjoy the efficiency of Anderson 400 casement crank windows, double insulated walls for sound proofing and enhanced security with a full camera system throughout the property. The building also includes a sprinkler system and split air systems in the hallways for added comfort. The original owner over improved this property with extremely high-quality construction, this property offers a unique opportunity for passive income. Don't miss your chance to add this exceptionally upgraded treasure to your portfolio!

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-07T19:47:00.5.
www.rowackrealestateteam.com/homes/155785356
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84 Auburn St Paterson City, NJ 07501

  • Price: $1,400,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 70 min ago
  • ID#: 3925839
0
Beds
0
Baths
0
½ Baths
0.12
Acres
4,099
SQFT
$342
$/SQFT
2020
Built
County:
Passaic
Area:
Paterson City
Property Description
Welcome to your next investment gem: a turnkey 6-unit building built in 2020, fully leased at top-end rents! Each modern 1-bedroom, 1-bathroom unit features luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, independent HVAC systems, tankless instant hot water systems, all controlled by tenants, Enjoy the efficiency of Anderson 400 casement crank windows, double insulated walls for sound proofing and enhanced security with a full camera system throughout the property. The building also includes a sprinkler system and split air systems in the hallways for added comfort. The original owner over improved this property with extremely high-quality construction, this property offers a unique opportunity for passive income. Don't miss your chance to add this exceptionally upgraded treasure to your portfolio!
Exterior Features

Approximate Lot Size 51X100 Construction Wood Exterior Description Vinyl SidingWood Location CornerResidential Area Lot Description Corner Number Of Bays 0 Number Of Docks 0 Parking Driveway Description NoneOn-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullStorageUnfinishedWalkout Cooling 4+ UnitsCentral Air Equipment Available AppliancesFire AlarmSecurity SystemSmoke DetectorSprinkler System Floors Vinyl-Linoleum Heating 4+ UnitsForced Hot Air Max Ceiling Height 9 Max Door Height 0 Number Of Lavatories 6 Office Sq Ft 0

Property Features

For Sale Or Lease For Sale Free Rent No Fuel Type Gas-Natural Gross Operating Income 113400 Net Operating Income 98000 Owner Pays Maintenance-LawnRepairsSewerSnow RemovalWater Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 5716 Tax Rate Amount 4.903 Tax Rate Year 2023 Tax Year 2023 Tenant Pays Cable T.V.ElectricGas Total Operating Expense 15400 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning Residential

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY SRV: 551-286-5771.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-07T19:47:00.5.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042