by RHP Realty

See Home Value
$240,000
Multifamily - Off Market

114 Beech Street

Paterson, NJ 07501
bedrooms
5 Beds
bathrooms
2 Baths
$1,687
Estimated Monthly
$0
HOA / Fees
46.21%
Cap Rate

About This Property

This 2-family Paterson property presents a promising investment opportunity for those with a keen eye for transformation. With a prime location offering convenient access to local amenities, schools, parks, and major transportation routes, this property is positioned for growth and profitability.  The current layout allows for versatile rehab possibilities. With a near-gut renovation, the existing units can be redesigned into spacious 2 or 3-bedroom residences, appealing to a diverse rental market. While the property does require substantial restoration to return it to its original grandeur, the potential for increased rental income and property appreciation is substantial.  Paterson boasts a strong rental market, ensuring a steady stream of potential tenants. This property caters to the visionary investor who can uncover its hidden charm and unlock its true potential.  Contact us today to explore this potential gem and embark on a rewarding real estate investment journey.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$508
HOA Dues
-
Year Built
-
Last updated: 3 months ago (NJMLS #23031489)

Price History

Date / Event Date Event Price
Feb 14, 2024 Sold $240,000
Sold
Feb 14, 2024 Listed by EXP Realty, LLC $235,000
Listed by EXP Realty, LLC
Nov 9, 2023 In contract -
In contract

Property Highlights

Parking Details
None
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Bathrooms: 2

Room Information

Total Rooms: 9

Fireplace Information

None

Basement Information

Unfinished.


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
2 Baths
-
$250,000 Dec 26, 2023
$250,000 Dec 26, 2023
$270/mo
House
4 Beds
2.1 Baths
-
$275,900 Nov 30, -0001
$260,000 Jan 26, 2024
-
Multifamily
Stu
-
-
$195,000 Nov 30, -0001
$195,000 Jan 20, 2022
-
House
4 Beds
2 Baths
-
$195,000 Nov 30, -0001
$187,000 May 18, 2022
-
Multifamily
Stu
-
-
$196,100 Nov 30, -0001
$312,000 Apr 4, 2023
-
House
2 Beds
2.1 Baths
-
$211,000 Nov 30, -0001
$210,000 Sep 20, 2023
-
In Contract
Multifamily
5 Beds
-
-
$229,900 Jun 16, 2023
-
$1,138/mo
Multifamily
5 Beds
2 Baths
-
$279,000 Apr 29, 2023
-
$549/mo
Multifamily
3 Beds
-
-
$239,900 Jul 19, 2023
-
$549/mo
Condo
2 Beds
2 Baths
-
$260,000 Nov 21, 2023
-
$563/mo
Townhouse
3 Beds
2 Baths
-
$199,900 Oct 20, 2023
-
$422/mo
Land
Loft
-
-
$270,000 Jul 19, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

114 Beech Street 114 Beech Street, Paterson, NJ 07501
  • 1 Unit for Sale
More about this Building
114 Beech Street
Want to find out who owns 114 Beech Street, Paterson, NJ 07501? Get detailed property transactions here .

About Eastside


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