51 Mill St 1, Paterson City NJ 07501

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Pending

$800,000

51 Mill St 1, Paterson City, NJ 07501

bedrooms

bathrooms

square feet

3,369

Acreage

0.04

Open Houses

year built

1939

Full Baths

Half Baths

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Amazing opportunity in the heart of downtown Paterson - 8-bedrooms and 6-full baths. (1x) 3-bedroom, (4x) 1-bedrooms & 1 studio apartment with off street parking. A true value add investment opportunity. Under market value rents grossing $92,454 with separate utilities yielding a 8.14% cap rate. All tenants are in good standing with leases in place. There is also a large basement with plenty of storage.

Location
Subdivision	-
County	Passaic
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 3926285

Listing agent: Roman Drukarov

Listing broker: Berkshire Hathaway Homeservices Fox & Roach, Realtors

Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, January 7 2025 at 12:22 a.m. EST

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