NJ > Paterson City
Paterson City, NJ 07501,225 Summer St
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Paterson City, NJ 07501,225 Summer St
Paterson City, NJ 07501,225 Summer St
Paterson City, NJ 07501,225 Summer St
Paterson City, NJ 07501,225 Summer St
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Thomas Ciccarone

Thomas Ciccarone

+1(908) 448-8050
$ 575,000
Est. payment /mo
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Under Contract

225 Summer St Paterson City, NJ 07501

6 Beds

4.5 Baths

1,950 SqFt

UPDATED:

11/20/2024 12:37 PM

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $294

MLS Listing ID 3927736

Style 3-Three Story

Bedrooms 6

Full Baths 4

Half Baths 1

Year Built 2018

Annual Tax Amount $2,113

Tax Year 2023

Lot Size 2,613 Sqft

Property Description

Welcome to 225 Summer St, a modern investment opportunity in the heart of Paterson! Built in 2018, this property features two spacious units, perfect for generating steady rental income.Unit 1 is a duplex with 3 bedrooms, 2.5 bathrooms, and a thoughtful layout that balances comfort and privacy. Unit 2 offers 975 sq. ft. of living space, with 3 bedrooms and 2 bathrooms ideal for various tenant needs. Both units are currently occupied by long-term tenants, generating a robust monthly rental income of $5,000.This property also boasts valuable features, including solar panels for energy savings and an attached garage, providing secure parking and additional convenience. Whether you're an investor or looking to own an income-generating property, 225 Summer St is an excellent choice. Don't miss the opportunity to make this high-yielding, low-maintenance property your own!

Location

State NJ

County Passaic

Interior

Heating GasNatur, SolarOwn

Cooling Central Air

Heat Source GasNatur, SolarOwn

Exterior

Exterior Feature Vinyl Siding

Garage Attached Garage

Garage Spaces 1.0

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KW CITY LIFE JC REALTY

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Thomas Ciccarone

Sales Associate | License ID: 1867455

+1(908) 448-8050

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225 Summer St

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