This listing is brought to you by Maria ‘Carme’ de Sagun of Coldwell Banker. Want a listing featured? Email us, [email protected].
Located on a lovely corner lot in The Heights, 39 Paterson Street is a can’t miss opportunity for any investor. The well-maintained four-family home features four one bedroom apartments in a sought-after and central location, guaranteeing a great investment and residential income.
39 Paterson Street is fully detached with a fenced-in backyard and quaint curb appeal. The four-family is not subject to rent control and is conveniently set-up with separate utilities. And the home is move-in ready — equipped with a security system and pre-wired for cable.
This property is truly a turn-key investment with each unit boasting of hardwood floors throughout, high ceilings, and an updated kitchen and bath. There are two apartments on the first floor and two apartments on the second floor as well as a full basement with coin-operated laundry machines. A finished area in the basement is currently used as the property owner’s office and has a full bathroom.
39 Paterson Street also has what is often in short supply in The Heights — parking. A two-car garage is located on the property adjacent to the home.
Only one block from transportation to NYC and not far from the Hudson-Bergen Light Rail Congress Station, this four-family is extremely convenient for commuters. Hoboken and Downtown Jersey City are easily accessible as well. And renters will enjoy the blossoming restaurant and cafe scene plus the shopping and beautiful parks for which The Heights is so well-known.
39 Paterson Street is a rental income-generating home that could also be considered a great candidate for a new condo conversion. Currently providing more than $53,000 net on investment, this gem of an opportunity will not last on the market long.
For more information, contact listing agent Maria ‘Carme’ de Sagun of Coldwell Banker at 678-770-1400 or [email protected].
Listing: 39 Paterson Street, The Heights, Jersey City
Asking: $949,000
Agent/Brokerage: Maria ‘Carme’ de Sagun/Coldwell Banker
[gmap height=”250px”]39 Paterson Street, Jersey City, NJ 07307[/gmap]
39 Paterson Street, Jersey City, NJ 07307
