Paterson City, NJ 07503,15 Leslie St
Paterson City, NJ 07503,15 Leslie St
Paterson City, NJ 07503,15 Leslie St
16
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$749,900
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8 BD
5 BA
2,613 Sqft Lot
Under Contract

15 Leslie St Paterson City, NJ 07503

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UPDATED:

10/01/2024 11:16 PM

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3923073

Style 3-Three Story

Bedrooms 8

Full Baths 5

Year Built 1920

Annual Tax Amount $7,947

Tax Year 2023

Lot Size 2,613 Sqft

Property Description

LA related to seller. 3 Family. Gut rehab in 2016 including including new electric. 2 car detached garage plus driveway for off street parking.1 block from the largest employer in Passaic County, St. Joseph's hospital. All separate utilities including separate Owner electric meter. Owner pays water and sewer for building. Apt #1: LR, EIK, 3BR, 2bth. Currently vacant. Market rent in area $2600. Apt #2: LR, EIK, 3BR, 2bth. Market rent in area is $2600. Apt #3: LR, EIK, 2BR, 1bth. Have not raised $1200 rent since original move in. Market rent $1900, Buyer can give notice to vacate if Owner wishes to occupy. Operating expenses include maintenance, common area electric, cold water, sewer, insurance, garbage collection, taxes. With market rents, including garage parking, gross potential rents would be $87,600. Potential net income, with market rents $73,114 and a cap rate of 9.76%. Photos are of the two vacant units.

Location

State NJ

County Passaic

Rooms

Basement Full

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Garage Detached Garage

Garage Spaces 2.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Parking Type 2 Car Width

Building

Lot Description Corner, Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by WEICHERT REALTORS

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15 Leslie St