Welcome to an exceptional investment opportunity at 47-49 Carroll Street in Paterson, NJ. This impressive, fully renovated, and turn-key 16-unit property offers a total of 13,056 square feet of living space, set on a 5,000 square foot lot. Each unit features a comfortable 2-bedroom, 1-bathroom layout, and the property is fully occupied, ensuring immediate rental income. Residents enjoy the convenience of on-site laundry facilities in the basement. Benefit from a 30-year tax abatement and take advantage of the property's location within an opportunity zone, aligning with Paterson's exciting revitalization efforts. An income and expense report is available upon request, providing transparency and insight into this smart investment. Don't miss your chance to be part of Paterson's promising future!
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Listing Snapshot
Price
$4,900,000
Days On Site
3 Days
Bedrooms
N/A
Inside Area (SqFt)
13,056 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1940
MLS® Number
3935661
Status
Active
Property Tax
$58,875
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
3 days ago
Listing updated with changes from the MLS®
4 days ago
Listing first seen on site
General Features
Acres
0.11
Number Of Stories
4
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
13056
Utilities
Natural Gas Available
Water Source
Public
Zoning
Residential
Interior Features
Basement
Partially FinishedPartial
Cooling
Central Air
Heating
Forced AirNatural Gas
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Exterior Features
Construction Details
Brick
Roof
Asphalt
Listing courtesy of COMPASS NEW JERSEY LLC 2014246213
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