4
See all 4 photos
$699,000
Est. payment /mo
4 Beds
3 Baths
New
85 Berkshire AVE Paterson, NJ 07502
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Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26000857
Style 3 Family
Bedrooms 4
Full Baths 3
Property Sub-Type 3 Family
Property Description
85 Berkshire Avenue presents a turnkey three unit residential asset in Paterson. This semi attached building offers four on site parking spaces. All three apartments are renovated and fully rented with stabilized in place income. Operations are streamlined with separate utilities; an above ground oil tank provides heat to Apartments 2 and 3, and those two tenants share the fuel cost. Common owner expenses are modest and on site parking supports durable performance. The property is near the Totowa border and close to shopping, bus lines, and major roadways. A low maintenance, separately metered asset for investors seeking steady cash flow.
Location
State NJ
County Passaic
Interior
Laundry None
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