Paterson City, NJ 07502,85 Berkshire Ave
Paterson City, NJ 07502,85 Berkshire Ave
Paterson City, NJ 07502,85 Berkshire Ave
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$699,000
Est. payment /mo
10,050 SqFt
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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,050 sqft

Price per Sqft $69

MLS Listing ID 3995236

Year Built 1900

Annual Tax Amount $31,272

Tax Year 2024

Lot Size 6,969 Sqft

Property Sub-Type Mixed Use

Property Description

85 Berkshire Avenue presents a turnkey three unit residential asset in Paterson. This semi attached building offers four on site parking spaces. All three apartments are renovated and fully rented with stabilized in place income. Operations are streamlined with separate utilities; an above ground oil tank provides heat to Apartments 2 and 3, and those two tenants share the fuel cost. Common owner expenses are modest and on site parking supports durable performance. The property is near the Totowa border and close to shopping, bus lines, and major roadways. A low maintenance, separately metered asset for investors seeking steady cash flow.

Location

State NJ

County Passaic

Zoning comm

Interior

Heating See Remarks

Cooling See Remarks

Equipment Appliances, Restrooms - Private, See Remarks

Heat Source See Remarks

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
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Janet Larrain

Janet Larrain

Agent | License ID: 898207

+1(609) 477-6395

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85 Berkshire Ave