• 163 Temple Paterson, New Jersey 07522

  • $595,000
  • 4
    Bed(s)
  • 3.5
    Baths
  • 0
    Sq Ft

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.

Property Type :

Multi Family

County :

Passaic

Style :

Multi Family

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Property Details

 

Interior Features

Fire Alarm Sys, Smoke Detector

Utilities

All Underground, Electric, Gas-Natural

Heating & Cooling

Heating: 3 Units, Baseboard - Hotwater

Cooling: 3 Units, Window A/C(s)

Building Information

Year Built: 1925

Construction: Vinyl Siding

Roof: Asphalt Shingle

Lot Information

Lot Dimensions: 26x75

Corner

Listing Information

Possession: At closing

Tax Information

Tax Year: 2024

Taxes : 10,286

Utility Information

All Underground, Electric, Gas-Natural

Water Source : Public Water

SEWER : Public Sewer

Location Information

Direction: North 7th to temple

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
87 N 6th St, Paterson, NJ,07522 $390,000 3 2 -- 0.06 Acre
70 N 6th St, Paterson, NJ,07522 $450,000 4 2 -- 0.06 Acre
76 N 4th St, Paterson, NJ,07522 $535,000 8 3 -- 0.06 Acre
72 Arch St, Paterson, NJ,07522 $535,000 8 3 -- 0.06 Acre
31 Stout St, Paterson, NJ,07522 $650,000 6 4 -- 0.04 Acre
142 N 2nd St, Paterson, NJ,07522 $699,000 6 4 -- --
132 E Holsman St, Paterson, NJ,07522 $60,000 -- -- -- 0.06 Acre
20 N Straight St, Paterson, NJ,07522 $167,000 -- -- -- 0.06 Acre
22 N Straight St, Paterson, NJ,07522 $167,000 -- -- -- 0.05 Acre
24 N Straight St, Paterson, NJ,07522 $167,000 -- -- -- 0.05 Acre

ByOwner last updated this listing 05/02/2024 @ 17:45

MLS: 3896957
LISTED BY: , RE/MAX SELECT
SOURCE: Garden State MLS - New Jersey
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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