718 E 18th St
Paterson City, NJ 07501
Price: $599,000
GSMLS: 3954268Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 8
Baths: 3 Full
Garage: No
Year Built: Unknown
Acres: 0.05
Property Tax: $11,606
Description
Fully Rented And Cash-flowing From Day One, This Legal 3-family Property Is A Prime Addition To Any Investor's Portfolio. Each Spacious Unit Has Been Recently Renovated And Is Occupied By Stable, Long-term Tenants. Located In A High-demand Area With Easy Access To Major Highways, Public Transportation, And Local Amenities, This Asset Offers Reliable Passive Income With Strong Upside Potential. With Rental Demand Surging In Paterson, Now Is The Time To Secure A High-yield, Low-hassle Investment. Property Sold Strictly As-is, Where-is; Inspections For Informational Purposes Only. Don't Miss This Rock-solid Opportunity Lock In Your Next Cash-flowing Asset Today!
General Info
Style:
3-Three Story
SqFt Building:
2,845
Total Rooms:
15
Basement:
Yes - Full, Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
24X87
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$599,000
Tax Amount:
$11,606
Land Assessment:
$12,300
Build. Assessment:
$215,500
Total Assessment:
$227,800
Tax Rate:
5.10
Tax Year:
2024
Listing Information
MLS ID:
3954268
List Date:
04-01-2025
Days On Market:
18
Listing Broker:
REALTY ONE GROUP LEGEND
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
