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Listed by Carlos Roman • Keller Williams City Life Realty, Jersey City • (201) 779-9304
$ 575,000
Est. payment /mo
Under Contract
225 Summer ST Paterson, NJ 07501
6 Beds
4.5 Baths
UPDATED:
Key Details
Property Type Other Types
Sub Type 2 Family
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 24033504
Style 2 Family
Bedrooms 6
Full Baths 4
Half Baths 1
Annual Tax Amount $2,113
Property Sub-Type 2 Family
Property Description
Welcome to 225 Summer St, a modern investment opportunity in the heart of Paterson! Built in 2018, this property features two spacious units, perfect for generating steady rental income.Unit 1 is a duplex with 3 bedrooms, 2.5 bathrooms, and a thoughtful layout that balances comfort and privacy. Unit 2 offers 975 sq. ft. of living space, with 3 bedrooms and 2 bathrooms ideal for various tenant needs. Both units are currently occupied by long-term tenants, generating a robust monthly rental income of $5,000.This property also boasts valuable features, including solar panels for energy savings and an attached garage, providing secure parking and additional convenience. Whether you're an investor or looking to own an income-generating property, 225 Summer St is an excellent choice. Don't miss the opportunity to make this high-yielding, low-maintenance property your own!
Location
State NJ
County Passaic
Area Paterson
Rooms
Basement Full, Prt Finished
Interior
Heating Gas, Solar
Fireplaces Type None
Laundry Hook Ups, In Unit
Exterior
Exterior Feature Vinyl
Parking Features Attached
Garage Spaces 1.0
Utilities Available Sep Elec, Sep Gas, Sep Heat
Waterfront Description None
View None
Total Parking Spaces 1
Building
Lot Description Regular
Others
Senior Community No
Ownership Bank
Miscellaneous None
Nearby Locations