94 Manchester Ave, Paterson, NJ 07502-1905

Beds
5
Baths
3

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Listed byEXP REALTY, LLC
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Overview

2-Unit Multi-Family with Strong Cash Flow & Upside Potential. This income-producing 2-family property offers immediate rental income with additional upside in a convenient location. The building includes three separate units: a 3-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, and a finished 2-bedroom, 1-bath basement apartment ideal for maximizing rental potential. The basement unit adds further income potential, making this a strong opportunity for investors seeking both cash flow and future growth.Each unit features a functional living and kitchen layout, with refrigerators and microwaves included. The basement unit benefits from its own split AC system, while upper units utilize window units. There is no on-site parking, with street parking available, and a shared backyard area offers outdoor space for tenants. Whether you're expanding your portfolio or looking for a multi-unit with built-in upside, this property delivers a compelling mix of current income, tenant stability, and value-add potential.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
5
Number of bathrooms
3
Lot size (acres)
0.06
Year built
1939

Interior features

Basement
Yes, Finished

Utilities

Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$8,562

Public schools

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Sourced from: Garden State MLS MLS®#: 4031912 Last checked:

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