$369,900
↓ $9K (2.4%)
●
Multifamily -
Off Market
204 Summer Street
Paterson, NJ 07501
5 Beds
2 Baths
$2,320
Estimated Monthly
$0
HOA / Fees
38.92%
Cap Rate
About This Property
PRICE REDUCTION! Completely renovated 2 family with great income.
PLUS - New Everything: Roof, siding, sheetrock, bathrooms, 2 new
furnaces, all new electrical and plumbing. Separate utilities for
1st floor 2BR apt, and Owner pays utilities for 2nd floor 3.5 BR
apt. -- Total Owner carrying costs (gas/electric/water/taxes) =
approximately $700/mo) vs $3,350/mo in rental income. In other
words, this is a GREAT opportunity. SALE IS STRICTLY "AS IS".
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$504
HOA Dues
-
Year Built
-
Last updated: 22 days ago (NJMLS #23002847)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 17, 2023 | Price Decreased |
$369,900
↓ $9K
(2.4%)
|
|
Price Decreased | |||
Jul 17, 2023 | In contract | - | |
In contract | |||
Jan 31, 2023 | Listed by Prominent Properties Sotheby's International Realty-Franklin Lakes | $379,000 | |
Listed by Prominent Properties Sotheby's International Realty-Franklin Lakes |
Property Highlights
Parking Details
None
Interior Details
Bedroom Information
Bedrooms: 5
Bathroom Information
Bathrooms: 2
Room Information
Total Rooms: 8
Fireplace Information
None
Exterior Details
Property Information
View: None
Building Information
Year Built: 1950's, Renovated
Financial Details
Tax: $6,042
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
5
Beds
2
Baths
-
$395,000
Sep 29, 2023
$395,000
Sep 29, 2023
$504/mo
Sold
Multifamily
4
Beds
2
Baths
-
$300,000
Jul 21, 2023
$300,000
Jul 21, 2023
$586/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|