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25 Martin St

Paterson City, NJ 07501
  • $499,000
  • STATUS: Active Under Contract
  • ON SITE: 61 Days
  • MLS #: 3837209
Under Contract
$499,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Perfectly Packaged Property with Superior Space! With a total of 8 bedrooms and a generous 75x100-foot lot, this 2-story residence presents an outstanding opportunity for astute investors seeking a solid income property, with fantastic potential for further development and subdivision. The current setup is as a 2-family property " with 3 bedrooms, a living room, dining room an eat-in kitchen and a bathroom on each floor. Both units come gorgeous presented with plenty of natural light, contemporary fittings and classic hardwood features.Upstairs, the finished attic provides 2 bedrooms, a family room and bathroom, lending itself to be developed as a separate unit, while the large semi-finished basement has 3 storage rooms " and can be finished and converted into another self-contained unit.Between the 3-car garage and the huge driveway, the property offers ample parking space, and its excellent location puts residents close to schools, shopping, restaurants, Paterson Train Station and the highway.

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Michele Klug Team | Keller Williams Towne Square Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Michele Klug Team | Keller Williams Towne Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-08T23:46:30.24.
www.micheleklug.com/homes/138403318
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25 Martin St Paterson City, NJ 07501

  • Price: $499,000
  • Status: Active Under Contract
  • On Site: 61 Days
  • MLS #: 3837209
8
Beds
3
Baths
0
½ Baths
0.17
Acres
1940
Built
County:
Passaic
Area:
Paterson City
Property Description
Perfectly Packaged Property with Superior Space! With a total of 8 bedrooms and a generous 75x100-foot lot, this 2-story residence presents an outstanding opportunity for astute investors seeking a solid income property, with fantastic potential for further development and subdivision. The current setup is as a 2-family property " with 3 bedrooms, a living room, dining room an eat-in kitchen and a bathroom on each floor. Both units come gorgeous presented with plenty of natural light, contemporary fittings and classic hardwood features.Upstairs, the finished attic provides 2 bedrooms, a family room and bathroom, lending itself to be developed as a separate unit, while the large semi-finished basement has 3 storage rooms " and can be finished and converted into another self-contained unit.Between the 3-car garage and the huge driveway, the property offers ample parking space, and its excellent location puts residents close to schools, shopping, restaurants, Paterson Train Station and the highway.
Exterior Features

Approximate Lot Size 76X100 Exterior Description Vinyl Siding Garage Description Detached GarageOversize GarageSee Remarks Number Of Parking Spaces 6 Parking Driveway Description GravelSee Remarks Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Full Cooling Window A/C(S) Heating 2 UnitsRadiators - Hot Water Total Number Of Rooms 16 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenLiving Room Unit1 Rooms 6 Unit1 Security Deposit 1300 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsDining RoomEat-In KitchenLiving Room Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description AtticBedroomsEat-In KitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 0

Property Features

Assessment Total 230500 Building Assessment 184900 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 45600 Net Operating Income 0 Sewer Public Sewer Tax Amount 10700 Tax Rate Amount 4.642 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 2-Two StorySee Remarks Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1300 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1200 Unit2 Security Deposit 1200 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-772-0660.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Michele Klug Team | Keller Williams Towne Square Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Michele Klug Team | Keller Williams Towne Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-08T23:46:30.24.
 
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