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About This Home
This 5-bedroom, 3-bathroom residential multi family at 94 Manchester Ave in Paterson City, NJ is listed for $520,000. Built in 1939, on a 0.06 acres lot.
2-Unit Multi-Family with Strong Cash Flow & Upside Potential. This income-producing 2-family property offers immediate rental income with additional upside in a convenient location. The building includes three separate units: a 3-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, and a finished 2-bedroom, 1-bath basement apartment ideal for maximizing rental potential.
The basement unit adds further income potential, making this a strong opportunity for investors seeking both cash flow and future growth.Each unit features a functional living and kitchen layout, with refrigerators and microwaves included. The basement unit benefits from its own split AC system, while upper units utilize window units.
There is no on-site parking, with street parking available, and a shared backyard area offers outdoor space for tenants. Whether you're expanding your portfolio or looking for a multi-unit with built-in upside, this property delivers a compelling mix of current income, tenant stability, and value-add potential.
Key Features
- Built in 1939
- 0.06 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,781/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
94 Manchester Ave
Paterson City, NJ 07502-1905
Property Details
Construction
Heating
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 94 Manchester Ave is listed at $520,000. The estimated monthly payment is $2,253 based on 20% down at 6.5% interest.
Key features include: Built in 1939, 0.06 acre lot.
This property is listed by MATTHEW GEVIRTZ and can be reached at 8662016210 or Tc@gtluxurygroup.com.








