154 Butler St, Paterson City NJ 07524-1920

$675,000
Active
Paterson City
Bedrooms
6

About this home

Turnkey 3-Family Home The Perfect Live-in InvestmentWelcome to your new home and smart financial future! This completely renovated three-family property offers the perfect blend of modern comfort and effortless income. Each of the three private units features a thoughtful layout with 2 bedrooms and 1 bathroom, making them highly desirable for renters.Say goodbye to management headaches! The property is designed for efficiency, with separate meters and boilers for each apartment. This means tenants are responsible for their own utilities, streamlining your responsibilities and maximizing your profit.Live in one beautiful unit and let the other two generate significant rental income, providing a powerful way to offset your mortgage or build long-term wealth. This is more than just a home, it's an intelligent path to financial freedom. Don't miss this rare opportunity to own a fully updated, income-producing property. Buyer can get the assumable mortgage with 5.47% interest rate ,The buyer takes over the remaining balance, monthly payment.Total yearly income $64680 & Total yearly expenses $ 9400.Don't miss this opportunity.

Taxes & fees

Annual property tax
$7,511
Tax year
2025
Tax rate
5.335

Property details

Year Built
1939
Roof (*text)
Asphalt Shingle
Lot Size Area
0.04
MLS #
4049686

Features & amenities

Year Built (*numeric)
1939
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
0
Basement (*text)
Yes
Cooling (*text)
Central Air
Heating
Forced Hot Air
Lot dimensions
25X72
Property Location

40.93012, -74.15936

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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