BEDS7
BATHS3 full
MLS#4032600
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
Excellent opportunity for owner-occupants or investors seeking to build equity. This spacious three-family property offers approximately 3,500+ square feet of living space and features Separate Utilities, Two 3-Bedroom units, One 1-bedroom unit, a Large Unfinished basement, and 1 Car detached garage. Improvements include Three New Gas Boilers, Three New Hot Water Heaters, Two Newer kitchens, and Mostly All Newer Windows. One unit is currently occupied while two units are vacant, providing flexibility for immediate occupancy, owner occupancy, or rental income potential. While the property may require some TLC and updating, it presents an excellent opportunity for cash buyers, contractors, investors, or purchasers utilizing renovation financing such as FHA 203(k), HomeStyle, or similar rehabilitation loan programs.Property is being sold strictly AS-IS. Seller will make no repairs nor provide any credits. Property includes a Shared Driveway providing access to the rear garage area. Buyers are encouraged to conduct their own due diligence regarding property condition, easements, permits, zoning, and municipal requirements.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Window A/C(s)
Fuel Type: Gas-Natural, See Remarks
Garage: 1
Heating: 3 Units, Radiators - Steam
Lot Size: 0.08 Acres
Roof Type: Asphalt Shingle
Taxes: $15,604
Year Built: 1915
Amenities
Fire Extinguisher
See Remarks
Smoke Detector
Tile Floors
Vinyl-Linoleum Floors
Wood Floors
Metal Fence
Partially Fenced
Sidewalk
Thermal Windows/Doors
Feature Descriptions
Days on Site: 3
Driveway: Driveway-Shared
Exterior: Aluminum Siding, See Remarks, Vinyl Siding
Lot: Level Lot
Lot Dimensions: 0.08 acre(s)
Parking Notes: Detached Garage
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Water: Public Water
Local Schools
Middle School: NUMBER 24
Elementary School: NUMBER 11
Listed By / Shown By
Listed By
Agency Name: BUILDINGS REALTY LLC
Agency Contact: 973-246-7040
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,034.71 per month $1,533.42 Principal & Interest $1,300.33 Property Tax $200.96 Homeowner's InsuranceChange Payment Information
955 Madison Ave | MLS# 4032600
This multi-family property located at 955 Madison Ave, Paterson, NJ 07501 is currently listed for sale with an asking price of $689,000. Search Paterson real estate on www.realtymark.net today.