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Listed with Braulio Cespedes | 862-203-0975, Real
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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 incomeâ€"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!
| DAYS ON MARKET | 4 | LAST UPDATED | 7/22/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | PASSAIC |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| STYLE | 3 Family |
|---|---|
| UTILITIES | Natural Gas Available, See Remarks, Electricity Connected, Natural Gas Connected |
TOTAL MONTHLY PAYMENT
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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 Sotheby's 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.
All information deemed reliable but not guaranteed. Last date updated: 7/26/26 6:06 AM PDT Source: New Jersey Multiple Listing, Inc.
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