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    50 Cianci Street

    Paterson, NJ 07501
    • $690,000
    • STATUS: Active
    • ON SITE: 81 days
    • MLS #: 20050834
    UPDATED: 119 min ago
    $690,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    Mixed use opportunity (4 apartments and 1 retail) in the heart of downtown Paterson. 6 bedrooms and 4 full baths total. Great for both an owner occupant with a business on the ground floor or an investor looking for value add. Under market value rents grossing $48,882. Separate utilities yielding a 7% cap rate. 2 water heaters replaced in 2018, 1 replaced this year. 5 year old furnaces. Roof replaced 5 years ago. All tenants are in good standing with month-to-month agreements. Please note there's a large clean basement with plenty of storage. Property is being sold as is with lots of extras.

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    © 2021 New Jersey Multiple Listing Service. 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 Howard Hanna Rand Realty. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Howard Hanna Rand Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Data last updated: 2021-03-01T00:16:16.543.

    www.rivertonglobal.com/homes/112488522
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    50 Cianci Street Paterson, NJ 07501

    • Price: $690,000
    • Status: Active
    • Updated: 119 min ago
    • MLS #: 20050834
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1920
    Built
    Neighborhood:
    Paterson
    County:
    Passaic
    Area:
    Paterson
    Property Description
    Mixed use opportunity (4 apartments and 1 retail) in the heart of downtown Paterson. 6 bedrooms and 4 full baths total. Great for both an owner occupant with a business on the ground floor or an investor looking for value add. Under market value rents grossing $48,882. Separate utilities yielding a 7% cap rate. 2 water heaters replaced in 2018, 1 replaced this year. 5 year old furnaces. Roof replaced 5 years ago. All tenants are in good standing with month-to-month agreements. Please note there's a large clean basement with plenty of storage. Property is being sold as is with lots of extras.
    Exterior Features

    Roof Flat Style Res/Com Mixed Sub Style Rtl/Apt

    Property Features

    Owner Pays HeatWater Property Pro Munincipal WaterO/See RmrksSewer Taxes 18305 Year Built 1900-1939

    Listing provided courtesy of Jmichaels Realty, Oradell.


    © 2021 New Jersey Multiple Listing Service. 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 Howard Hanna Rand Realty. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Howard Hanna Rand Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Data last updated: 2021-03-01T00:16:16.543.

     
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