Welcome to a rare turnkey investment opportunity: a 2020-built, 6-unit multifamily property fully leased at strong market rents. This modern asset offers six 1-bedroom, 1-bath residences, each thoughtfully designed with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, and individual HVAC systems controlled by each tenant.The building is engineered for efficiency and durability, featuring tankless instant hot water, a full security camera system, fire sprinkler system, and split HVAC systems serving the common areas. Quality construction and low-maintenance systems translate to reduced operating costs and long-term performance.Located in Paterson, this property combines modern design, high tenant appeal, and reliable cash flow?making it an ideal addition for investors seeking a stabilized, low-maintenance asset from day one. Opportunities like this don?t come around often?secure this premium multifamily investment today.
84 Auburn St, Paterson City NJ 07501-1541
Property City
Paterson City
Property Price
$1,300,000
Year Built
2020
Tax Annual Amount
$5940
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Floors No
Vinyl-Linoleum
Lot Size Area
0.12
MLS Status
Active
MLS #
4005403
Yearly Tax Rate
5.095
Year Built (*numeric)
2020
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
4+ Units, Central Air
GarageSpaces
0
Heating
4+ Units, Forced Hot Air
Lot Size Dimensions
51X100
Data import from
GSMLS