69 N 3Rd St, Paterson, NJ 07522-1357
- Beds
- 7
- Baths
- 3
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Overview
Excellent 3-family investment opportunity in Paterson! Whether you're a seasoned investor looking to expand your portfolio or a first-time home buyer ready to become a landlord, this property offers a compelling combination of space and income potential. Featuring a total of 7 bedrooms and 3 full bathrooms across three separate units, the property currently generates over $5,800 in monthly rental income over $70,000 annually in gross rents. With separate utilities, the property is designed for more efficient management and reduced owner-paid expenses. Investors can take advantage of strong existing rental income, while owner-occupants may have the opportunity to live in one unit and use rental income from the others to help offset their monthly mortgage payment. This is a great opportunity to own a true income-producing multi-family property and start building long-term wealth through real estate. Don't miss your chance to add this 3-family property to your portfolio or make your first move into real estate investing!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 7
- Number of bathrooms
- 3
- Year built
- 1939
Interior features
- Basement
- Yes, Partially finished
Utilities
- Cooling
- None
- Sewer
- Public Sewer
- Water
- Public Water
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Garden State MLS MLS®#: 4040538 Last checked: …

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