Paterson City, NJ 07505,59-63 Broadway
Paterson City, NJ 07505,59-63 Broadway
Paterson City, NJ 07505,59-63 Broadway
19
See all 19 photos
$1,395,000
Est. payment /mo
Save
8,520 SqFt
Active

59-63 Broadway Paterson City, NJ 07505

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:

09/11/2024 02:09 PM

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,520 sqft

Price per Sqft $163

MLS Listing ID 3923116

Annual Tax Amount $47,068

Tax Year 2023

Property Description

Introducing a remarkable investment opportunity: a six-unit brick building located in a bustling area of Paterson Street. This well-maintained property features three commercial units on the first floor, two of which are currently leased to established businesses a popular Chinese restaurant and a delightful coffee shop ensuring consistent rental income. The Chinese restaurant benefits from access to a spacious basement, adding to its operational capabilities.On the second floor, you'll find three residential units, each thoughtfully designed with two rooms and a full bathroom, providing comfortable living spaces. The current tenants are all related to the seller, presenting a unique opportunity for potential buyers to consider a strategic rental plan moving forward.This mixed-use property is strictly sold as-is and represents a rare find in a high-traffic location. With strong existing tenants and the potential for added value, this building stands as a prime investment with great possibilities. Don't miss out on this chance to own a versatile property in a thriving neighborhood!

Location

State NJ

County Passaic

Zoning B-4

Rooms

Basement Storage, Unfinished, Walkout

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Gas-Natural

Roof Type Flat

Parking Type None, Off-Street Parking

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC

GET MORE INFORMATION

Gary Pallay

Sales Associate

+1(908) 698-1053

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

59-63 Broadway