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204 Summer St

Paterson City, NJ 07501
  • $374,999
  • STATUS: Active
  • ON SITE: 151 Days
  • MLS #: 3713146
UPDATED: 29 min ago
$374,999
  • 5
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

Completely renovated 2 family with great income. PLUS - New Everything: Roof, siding, sheetrock, bathrooms, 2 new furnaces, all new electrical and plumbing. SALE IS STRICTLY "AS IS". Completely renovated 2 family with great income. PLUS - New Everything: Roof, siding, sheetrock, bathrooms, 2 new furnaces, all new electrical and plumbing. Separate utilities for 1st floor 2BR apt, and Owner pays utilities for 2nd floor 3.5 BR apt. -- Total Owner carrying costs (gas/electric/water/taxes) = approximately $700/mo) vs $3,350/mo in rental income. In other words, this is a GREAT opportunity. SALE IS STRICTLY "AS IS".

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© 2021 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 2021-10-17T11:46:40.39.
www.kayplatinumgroup.com/homes/117325417
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204 Summer St Paterson City, NJ 07501

  • Price: $374,999
  • Status: Active
  • Updated: 29 min ago
  • MLS #: 3713146
5
Beds
2
Baths
0
½ Baths
0.06
Acres
1950
Built
County:
Passaic
Area:
Paterson City
Property Description
Completely renovated 2 family with great income. PLUS - New Everything: Roof, siding, sheetrock, bathrooms, 2 new furnaces, all new electrical and plumbing. SALE IS STRICTLY "AS IS". Completely renovated 2 family with great income. PLUS - New Everything: Roof, siding, sheetrock, bathrooms, 2 new furnaces, all new electrical and plumbing. Separate utilities for 1st floor 2BR apt, and Owner pays utilities for 2nd floor 3.5 BR apt. -- Total Owner carrying costs (gas/electric/water/taxes) = approximately $700/mo) vs $3,350/mo in rental income. In other words, this is a GREAT opportunity. SALE IS STRICTLY "AS IS".
Exterior Features

Approximate Lot Size 25X100 Exterior Description Vinyl Siding Garage Description None Lot Description Level Lot Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Window A/C(S) Heating Forced Hot Air Total Number Of Rooms 8 Unit1 Appliances Equipment Smoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description Bedrooms Unit1 Rooms 4 Unit1 Security Deposit 2025 Unit1 Sq Ft 1000 Unit2 Appliances Equipment Smoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description Bedrooms Unit2 Rooms 5 Unit2 Sq Ft 1100

Property Features

Assessment Total 135000 Building Assessment 113100 Easement Unknown Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 3350 Home Warranty No Land Assessment 21900 Net Operating Income 2650 Renovated Year 2017 Sewer Public Sewer Tax Amount 5636 Tax Rate Amount 4.175 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 700 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1350 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit2 Rent 2000 Unit2 Security Deposit 3000 Utilities ElectricGas In StreetGas-Natural Water Public Water Year Built Description Renovated

Listing information © 2021 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Prominent Properties Sir.


© 2021 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 2021-10-17T11:46:40.39.
 
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Kay Platinum Real Estate Group | EXP Realty
966 Shoppes Blvd
North Brunswick Township NJ, 08902