84 Auburn St, Paterson City, NJ 07501

$1,300,000

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List Price
$1,300,000
MLS#
4005403
Dom
85
Year Built
2020
Status
ACTIVE
County
Passaic
City
Paterson City
Acres
0.12

Property Description

Welcome to a rare turnkey investment opportunity: a 2020-built, 6-unit multifamily property fully leased at strong market rents. This modern asset offers six 1-bedroom, 1-bath residences, each thoughtfully designed with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, and individual HVAC systems controlled by each tenant.The building is engineered for efficiency and durability, featuring tankless instant hot water, a full security camera system, fire sprinkler system, and split HVAC systems serving the common areas. Quality construction and low-maintenance systems translate to reduced operating costs and long-term performance.Located in Paterson, this property combines modern design, high tenant appeal, and reliable cash flow?making it an ideal addition for investors seeking a stabilized, low-maintenance asset from day one. Opportunities like this don?t come around often?secure this premium multifamily investment today.

Additional Information

Taxes
$5,940
Cooling
4+ Units, Central Air
Exterior
Vinyl Siding
Heating
4+ Units, Forced Hot Air
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Level Lot

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Calculator source: Real Geeks

Listing Courtesy Of COLDWELL BANKER REALTY HIL, Contact: 551-286-5771

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