305 Pacific St
Property Description
NEW OPPORTUNITY IN SOUTH PATERSON! Spacious 2-family home offering an excellent opportunity for both owner-occupants and investors. Each unit features 2 bedrooms, living room, kitchen and full bath. One unit is currently VACANT, giving a new owner the flexibility to move right in or select their own tenant. The occupied unit currently generates $2,000 per month, with estimated market rents of approximately $2,000 - $2,200 per unit. Additional features include separate utilities, a full unfinished basement with full bathroom, and a private backyard. Live in one unit while collecting rental income from the other, or rent both units for potential gross rental income of approximately $4,000 - $4,400 per month. Convenient South Paterson location near shopping, transportation and major roadways. Bring your ideas and make this 2-family property work for you. Schedule your showing today!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $519,900 |
| No. of Units: | 2 |
| Year Built: | 1940 |
| Opportunity Zone: | No |
| Price per unit: | $259,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-GSMLSNJ-4055002
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