$1,350,000
Accepting Backup Offers

557-565 E 23rd Street

Paterson, NJ 07514
Browse 41 photos
Type:Purchase
Structure:5+ Family
Zone:Residential

Description

Discover a unique 8-unit garden-style multifamily property that stands apart from the rest! Situated on the border of the Wrigley Park and East Side neighborhoods, this well-maintained asset offers tremendous curb appeal, a very attractive option for local renters. With minimal deferred maintenance, investors can cash flow from day one, while still unlocking additional value through strategic management and improvements. Boasting a thoughtful unit mix, each apartment is spacious and well laid out, catering to tenant comfort and long-term occupancy. Whether you’re an investor looking for a stable income-producing property or seeking an opportunity to enhance returns throughout repositioning, this property delivers both reliability and upside for its next owner.

  • Property Details
      • Date ListedFebruary 06, 2025
      • Original List Price$1,350,000
      • Property TypePurchase
      • MLS #25003977
      • Property Subtype5+Family
      • MLS #25003977
      • Cost1350000

Location

Susan Camus | Imagine PropertiesReal Estate Group

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Interest Rate

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6.0%

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2.6%
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