Paterson City, NJ 07501,84 Auburn St
Paterson City, NJ 07501,84 Auburn St
Paterson City, NJ 07501,84 Auburn St
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$1,300,000
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5,000 SqFt
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84 Auburn St Paterson City, NJ 07501

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Key Details

Property Type Multi-Family, Condo

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $260

MLS Listing ID 4005403

Year Built 2020

Annual Tax Amount $5,940

Tax Year 2024

Lot Size 5,227 Sqft

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.

Location

State NJ

County Passaic

Zoning Residential

Rooms

Basement Full, Unfinished, Walkout

Interior

Heating Gas-Natural

Cooling 4+ Units, Central Air

Flooring Vinyl-Linoleum

Equipment Appliances, Fire Alarm, Security System, Smoke Detector, Sprinkler System

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


Garden State MLS(GSMLS)
Listed by COLDWELL BANKER REALTY SRV

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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84 Auburn St