274 Ellison St Under Contract

Paterson City,NJ 07501

$ 499000

9 Beds

3 Baths

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3949328

Style 2-Two Story

Bedrooms 9

Full Baths 3

Year Built 1940

Annual Tax Amount $9,013

Tax Year 2024

Lot Size 2,613 Sqft

Property Description

Welcome to this very well kept two-family property with two SPACIOUS apartments in the heart of Paterson. Both units have MTM leases and are currently rented below market value. These units have great UPSIDE POTENTIAL due to their large amount of living space. The first floor unit has 4 perfectly sized bedrooms and it was recently updated in 2021. The second floor duplex apartment features 5 bedrooms and 2 bathrooms. One of the bathrooms in the 2nd fl apt along with the kitchen were recently updated in the last 4 years. The large unfinished basement also has great potential for a buyer who plans to use their imagination. Come make this your next investment property or your new home!

Location

State NJ

County Passaic

Interior

Heating Gas-Natural

Cooling None

Exterior

Exterior Feature Aluminum Siding

Parking Features None

Utilities Available All Underground

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

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