NJ > Paterson
Paterson, NJ 07513,491 21st AVE
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Paterson, NJ 07513,491 21st AVE
Paterson, NJ 07513,491 21st AVE
Paterson, NJ 07513,491 21st AVE
Paterson, NJ 07513,491 21st AVE
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Patric Santo Pietro

Patric Santo Pietro

+1(732) 570-5442
Listed by Omar Fernandez EXP Realty, LLC
$ 925,000
Est. payment /mo
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491 21st AVE Paterson, NJ 07513

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res/Com Mixed

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25013942

Style Res/Com Mixed

Property Sub-Type Res/Com Mixed

Property Description

Welcome to 491 21st Avenue, an outstanding income-producing property offering exceptional flexibility and growth potential. This unique opportunity features two separate buildings on one lot in a high-visibility, high-traffic location within the vibrant People's Park neighborhood.The front building includes a fully-leased retail storefront currently used as a dentist office at street level and two spacious residential apartments above, ideal for consistent, diversified rental income. The rear building offers two additional residential apartments, providing even greater earning potential. Property Highlights: 8.5% cap rate and Total of 5 rental units (1 commercial + 4 residential) Strong rental history with immediate income generation, Separate entrances for all residential units, Low-maintenance exterior with brick facade, Prime high-traffic location perfect for business exposure, Close proximity to public transportation, shopping, schools, and major highways. Zoned for residentia

Location

State NJ

County Passaic

New Jersey MLS (NJMLS)
Patric Santo Pietro

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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491 21st AVE

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