BEDS11
BATHS3 full
MLS#4042118
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
Acquire a Stabilized, High-Performing Multifamily Asset in the Heart of Paterson. This fully occupied legal 3-family features 11 bedrooms, 3 full baths, and over 3,200 square feet of income-producing real estate. All three units are leased at market rents to established tenants, providing immediate, reliable cash flow from day one. Recent capital improvements, including renovated second and third floor units, updated utilities, and a new roof (2021), significantly reduce near-term capital expenditures, making this a true turnkey investment. A full unfinished basement offers future value-add potential, while the property's location in one of Paterson's strongest rental markets supports long-term appreciation and consistent occupancy. Whether you're expanding your portfolio or completing a 1031 Exchange, this is more than a multifamily property it's a performing asset designed to generate stable income and long-term returns. Property is being sold strictly As-Is, Where-Is with tenants in place. Seller will make no repairs or provide credits. All inspections are for the buyer's informational purposes only.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bilco-Style Door, Full, Unfinished
Fuel Type: Gas-Natural
Heating: 3 Units, Baseboard - Hotwater
Lot Size: 0.06 Acres
Roof Type: Flat
Taxes: $12,195
Year Built: 1900
Feature Descriptions
Days on Site: 91
Driveway: On-Street Parking
Exterior: Vinyl Siding
Lot Dimensions: 0.06 acre(s)
Sewer: Public Sewer
Utilities: All Underground, Electric, Gas-Natural
Water: Public Water
Local Schools
High School: ROSA PARKS
Middle School: NUMBER 21
Elementary School: NUMBER 10
Listed By / Shown By
Listed By
Agency Name: REALTY ONE GROUP LEGEND
Agency Contact: 646-546-4725
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,778.06 per month $1,557.67 Principal & Interest $1,016.25 Property Tax $204.14 Homeowner's InsuranceChange Payment Information
69 Graham Ave | MLS# 4042118
This multi-family property located at 69 Graham Ave, Paterson, NJ 07524 is currently listed for sale with an asking price of $699,900. Search Paterson real estate on www.realtymark.net today.