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About This Home
This 9-bedroom, 3-bathroom residential multi family at 202 Mill St in Paterson City, NJ is listed for $734,900. Built in 1940, on a 0.06 acres lot.
OWNER FINANCING AVAILABLE - Turnkey Renovated 3 years ago - 3-Family - High Yield & Low Maintenance. Rare opportunity to own a fully gut-renovated, income-producing 3-family property in a high-demand location near Downtown Paterson. Stripped to the studs and completely reimagined, this substantial residence offers three spacious units, each featuri
ng a modern 3-bedroom layout designed to attract premium tenants or provide comfortable owner-occupant living. High-end capital improvements include a new roof, new siding, and windows, ensuring minimal deferred maintenance and low operating expenses.
Each unit showcases updated kitchens with contemporary cabinetry and durable countertops, alongside fully updated modern baths. Perfectly situated just minutes from shopping, dining, public transportation, and major highways, this property offers an unbeatable combination for commuters and investors alike. Whether you are looking for a stabilized asset or a "live-in-one, rent-the-others" house-hack, this property delivers immediate value and long-term durability. Just turn the key and start collecting.
Key Features
- Built in 1940
- 0.06 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,930/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
202 Mill St
Paterson City, NJ 07501-2713
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Heating
Appliances
Questions & Answers
This 9-bedroom, 3-bathroom residential multi family at 202 Mill St is listed at $734,900. The estimated monthly payment is $3,185 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.06 acre lot. Interior Features: Carbon Monoxide Detector, See Remarks, Smoke Detector. Exterior Features: Sidewalk.
This property is listed by SERGIO LIMONTA and can be reached at 8885016953 or info@urenj.com.
