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400 Summer St

Paterson City, NJ 07501
  • $689,900
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 3895631
UPDATED: 130 min ago
$689,900
  • 6
    BEDS
  • 0.04
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Fantastic investment income producing property. 4 family home with two 2bedroom apartments and two 1 bedroom apartments fully leased. Separate utilities. New roof 3 yrs ago. All units in very good condition. Annual rent $59,112. NOI $47,351

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-06-15T21:47:09.083.
www.trompeterrealestate.com/homes/149244098
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400 Summer St Paterson City, NJ 07501

  • Price: $689,900
  • Status: Active
  • On Site: 57 Days
  • Updated: 130 min ago
  • MLS #: 3895631
6
Beds
4
Baths
0
½ Baths
0.04
Acres
1940
Built
Neighborhood:
Sandy Hill
County:
Passaic
Area:
Paterson City
Property Description
Fantastic investment income producing property. 4 family home with two 2bedroom apartments and two 1 bedroom apartments fully leased. Separate utilities. New roof 3 yrs ago. All units in very good condition. Annual rent $59,112. NOI $47,351
Exterior Features

Approximate Lot Size 25X75 Color Of Building cream Exterior Description Vinyl Siding Exterior Features PatioWood Fence Lot Description Corner Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description Bilco-Style DoorUnfinished Cooling Window A/C(s) Heating 4+ Units Interior Features Carbon Monoxide DetectorSmoke DetectorTile FloorsVinyl-Linoleum FloorsWood Floors Total Number Of Rooms 14 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 1000 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 3 Unit2 Sq Ft 850 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 1000 Unit4 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit4 Baths 1.0 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description BedroomsEat-In KitchenLiving Room Unit4 Rooms 3 Unit4 Sq Ft 850

Property Features

Assessment Total 172100 Building Assessment 155100 Building Number 400 Easement No Expenses Include InsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 59112 Home Warranty No Land Assessment 17000 Net Operating Income 47351 Sewer Public Sewer Tax Amount 8438 Tax Rate Amount 4.903 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Water Unit1 Rent 1607 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Water Unit2 Rent 950 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Water Unit3 Rent 1469 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Water Unit4 Rent 900 Unit4 Security Deposit 0 Utilities All Underground Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-636-2110.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-06-15T21:47:09.083.
 
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