Paterson City, NJ 07514 354 E 24th St
$1,199,900
Pending
8 more
Presented By: COLDWELL BANKER SUSANI REALTY; 973-790-6996
- MLS# 3925733
- 09/24/2024
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Full/Half Baths • 0 / 6
SQFT • 6,100
Home Details
Welcome to this exceptional income-producing property, featuring six spacious units, each with 4 bedrooms. This well-maintained building offers separate utilities for each unit, ensuring ease of management and tenant satisfaction. Each tenant enjoys their own dedicated parking space, adding to the convenience and appeal of this property.This property is perfect for investors looking for a reliable income stream. Don't miss out on this fantastic opportunity!
Presented By: COLDWELL BANKER SUSANI REALTY; 973-790-6996
Interior Features for 354 E 24th St
Bedrooms
Num 4 Bed Units6
Bathrooms
Num Units w/Full Bath6
Num Units w/Half Bath
Half Baths6
Other Interior Features
Price Per Sq Ft213.00
Available Sq Ft6100
Num 3 Bdrm Units0
Num 2 Bdrm Units0
Num 1 Bdrm Units
BasementBilco-Style Door, Full, Storage, Unfinished
FlooringLaminate, Vinyl-Linoleum
Fuel TypeElectric, Gas-Natural
Total Stories3
General for 354 E 24th St
Cap Rate6.00
ConstructionWood
CoolingNo Cool
CountyPassaic
DirectionsMadison Ave to 8th Ave to E 24th St
Documents AvailableLeases
DriveConcrete, Driveway-Exclusive, Off-Street Parking
EasementUnknown
Equipment AvailableAppliances, Intercom, Security System, Smoke Detector
Farm AssessmentNo
Gross Income119400
Heating4+ Units, Baseboard - Hotwater
Leasable Area
Lease IncludesWater
LocationResidential Area
Net Operating Income79265
Num Apts6
Number Of Units Total6
Operating Expense40135
OwnerPaysMaintenance-Common Area, Water
OwnershipFee Simple
Possessionat closing
Property TypeApartment Complex
Property TypeApartment Complex
RoofFlat
ServicesCable TV Available, Fiber Optic Available
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount30643
Tax Assessed Value625000
Tax Lot17
Tax Year2023
Tenant PaysCable T.V., Electric, Gas, Heat, Hot Water
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built1970
ZoningMixed Use
Exterior for 354 E 24th St
Building Area Total6100
Exterior DescriptionVinyl Siding
Lot Dimensions64X100
Lot FeaturesLevel Lot
Lot Size Acres0.15
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
