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Large mix-use, moneymaker property in the convenient business district of Paterson, close to shopping, NYC transportation, major highways, consisting of 2 buildings at 37-39 and 41 Mill St and lot at 7 Elm St, Day Care facility occupies 37-41 Mill St currently rented for ($5750), apartments consist of 3 bedrooms, 1.5 baths apartment ($1360), 41 Mill St consist of a 2nd fl, 2-2 bedrooms ($1110 and $1500) and 3rd fl, 2 bedrooms ($1050), separate utilities, tenants pay water/heat/electric, owner pays sewer except Day-Care pays their own, the sale includes lot at 7 Elm St use by Day Care, all rentals are M2M except the Day-Care. Pro-forma list with Income & Expenses attached. Per seller, Day-Care pays portion of tax increases as well.
Similar Listings
8 Beds
14 Baths
$10,900,000
MLS# 21045270
ACTIVE

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Office phone: (888) 501-6953 The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Simply Real Estate are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. 2022 New Jersey Multiple Listing Service, Inc. All rights reserved. Updated: 26th March, 2023 6:15 AM (UTC)
Listing Agent: Roberto Sanchez | Agent phone: (973) 216-1945
Listing Office: United Real Estate | Office phone: (888) 501-6953