Well-maintained 3-family property offering strong income potential in a convenient Paterson location. Each unit features 4 bedrooms and 1 full bath, providing spacious layouts ideal for a variety of living arrangements. All units are currently occupied, generating consistent rental income. The property includes separate living spaces with baseboard gas heating, window unit cooling, and a full walk-out basement offering additional utility and storage. Situated on a regular 25x100 lot, the home is constructed with vinyl siding and is connected to municipal water and sewer. Conveniently located near parks, schools, shopping, and public transportation, making it attractive for both tenants and investors. A solid opportunity to own a multi-family property with existing cash flow and long-term upside.
86 Pennington St, Paterson City NJ 07501-3138
Property City
Paterson City
Property Price
$699,999
Bedrooms
12
Year Built
1700
Tax Annual Amount
$13614
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.06
MLS Status
Active
MLS #
4023468
Yearly Tax Rate
5.335
Year Built (*numeric)
1700
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Heating
Baseboard - Cast Iron
Lot Size Dimensions
25X100
Data import from
GSMLS