Skip To Content

163 Temple

Paterson City, NJ 07522
  • $595,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 3896957
UPDATED: 128 min ago
$595,000
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

This property offers a lucrative investment opportunity, featuring a combination of commercial and residential units in Paterson. The property boasts a rented store on the ground floor, providing immediate rental income, along with two spacious apartments. Ground Floor Store: Currently leased, this commercial space provides a stable rental stream. First Floor Apartment: This inviting apartment comprises three bedrooms and one bath, offering comfortable living spaces for residents. Second Floor Apartment: The upper-level apartment presents an expansive layout with four bedrooms and two baths. Newly Installed Roof and Siding.Income Potential: With a rented commercial unit and two residential apartments, this property offers multiple revenue streams, making it an attractive investment opportunity with promising returns. Whether you're seeking a lucrative investment or looking to establish a home with rental income, this mixed-use property presents a compelling opportunity in the thriving community of Paterson. Schedule a viewing and explore the potential of this exceptional property.

Monthly Payment Calculator



Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. 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 Kay Platinum Real Estate Group | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kay Platinum Real Estate Group | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-26T18:46:38.853.
www.kayplatinumgroup.com/homes/149744075
Print Image

163 Temple Paterson City, NJ 07522

  • Price: $595,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 128 min ago
  • MLS #: 3896957
4
Beds
3
Baths
1
½ Baths
N/A
Acres
1925
Built
County:
Passaic
Area:
Paterson City
Property Description
This property offers a lucrative investment opportunity, featuring a combination of commercial and residential units in Paterson. The property boasts a rented store on the ground floor, providing immediate rental income, along with two spacious apartments. Ground Floor Store: Currently leased, this commercial space provides a stable rental stream. First Floor Apartment: This inviting apartment comprises three bedrooms and one bath, offering comfortable living spaces for residents. Second Floor Apartment: The upper-level apartment presents an expansive layout with four bedrooms and two baths. Newly Installed Roof and Siding.Income Potential: With a rented commercial unit and two residential apartments, this property offers multiple revenue streams, making it an attractive investment opportunity with promising returns. Whether you're seeking a lucrative investment or looking to establish a home with rental income, this mixed-use property presents a compelling opportunity in the thriving community of Paterson. Schedule a viewing and explore the potential of this exceptional property.
Exterior Features

Approximate Lot Size 26x75 Exterior Description Vinyl Siding Lot Description Corner Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling 3 UnitsWindow A/C(s) Heating 3 UnitsBaseboard - Hotwater Interior Features Fire Alarm SysSmoke Detector Total Number Of Rooms 12 Unit1 Appliances Equipment Carbon Monoxide DetectorFire Alarm SystemMicrowave OvenRange/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving/Dining Room Unit1 Rooms 5 Unit1 Security Deposit 2250 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorFire Alarm System Unit2 Baths 1.0 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description See Remarks Unit2 Rooms 1 Unit2 Sq Ft 1000 Unit3 Baths 2.0 Unit3 Bedrooms 4 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsEat-In KitchenLiving/Dining Room Unit3 Rooms 6 Unit3 Sq Ft 0

Property Features

Assessment Total 209800 Easement Unknown Expenses Include Cold WaterGarbage CollectionInsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 67200 Land Assessment 35800 Net Operating Income 43194 Renovated Year 2024 Sewer Public Sewer Tax Amount 10286 Tax Year 2024 Total Operating Expense 24006 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1750 Unit2 Handicap Modified No Unit2 Lease Expiration 2026-07-01 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1650 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 2200 Unit3 Security Deposit 0 Utilities All UndergroundElectricGas-Natural Water Public Water Year Built Description ApproximateRenovated Zoning R-3

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-656-3810.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. 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 Kay Platinum Real Estate Group | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kay Platinum Real Estate Group | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-26T18:46:38.853.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3896957-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3896957-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3896957-2.jpg
Logo
Kay Platinum Real Estate Group | EXP Realty
966 Shoppes Blvd
North Brunswick Township NJ, 08902