NJ
Passaic
Paterson City
07522
119 W Broadway
119 W Broadway, Paterson City, NJ 07522
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
0
$725,000

Home Details for 119 W Broadway

Price
$725,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.04
County
Passaic
Garage
Basement
Unfinished
Days on site
123
MLS Listing#
3964696
Property Description

Amazing Mixed-Use Investment Opportunity in the Heart of Downtown Paterson!This well-maintained mixed-use property offers strong cash flow and an impressive 8% cap rate, making it ideal for both investors and owner-occupants. Ground Floor: Fully operational bar/liquor store, generating steady commercial income. First Floor Apartment: Recently updated with a spacious living room, modern kitchen, 2 generously sized bedrooms, and a full bathroom Second Floor Apartment: Features a large living room, kitchen, 2 bedrooms, a full bathroom, plus a bonus finished attic with an additional full bathroomKey Upgrades: New Roof, Tankless energy-efficient hot water heater ,Baseboard heating Located in a high-traffic area of downtown Paterson, close to transit, shops, and restaurants. This is a rare chance to own a high-yielding, turn-key asset in a growing market

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
  • Water Features
    • Public
  • Basement
    • Unfinished
Listing Courtesy: C-21 GEMINI, LLC. - 973-744-2700
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
Erica Campbell
Franchisee
Office
973 746 4777
Agent
973 277 3965
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