NJ
Passaic
Paterson City
07501
63 Pearl St
63 Pearl St, Paterson City, NJ 07501
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Listing Type
Multi Family
Listing Status
Active
16
$549,000

Home Details for 63 Pearl St

Price
$549,000
Type
Residential Income
Bedrooms
7
Total Bathrooms
3
Full Bathrooms
3
Year built
1960
Lot size acres
0.06
County
Passaic
Total rooms
12
Basement
Finished, Full
Days on site
33
MLS Listing#
4024143
Property Description

Don't miss this well-maintained 7 bedroom, 3 bathroom multifamily investment opportunity generating $5,200/month in total rent with all tenants on month-to-month leases, giving you maximum flexibility whether you're an owner-occupant or pure investor. Ideally located just blocks from the train station, bus lines, schools, shopping, and dining. Updated in 2020, this property is perfectly positioned for an owner-occupant to live in part of the home while collecting rental income from the rest, or for an investor to keep it fully leased for strong cash flow from day one. The first floor features a comfortable living room, eat-in kitchen, 4 bedrooms, and a full bath, offering generous space and functionality. The second floor includes a living room, eat-in kitchen, 3 bedrooms, and a full bath. The finished basement adds valuable bonus living space, further enhancing the property's versatility and value. Practical layouts and thoughtful updates enhance everyday living throughout. Outside, the fully fenced backyard includes a patio ideal for outdoor dining and grilling. With flexible living spaces, a finished basement, $5,200/month in existing rental income, month-to-month tenancy flexibility, and a commuter-friendly location, this is an excellent opportunity to own a versatile multifamily property in a convenient neighborhood.

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
  • Basement
    • Finished
    • Full
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • On Street
Listing Courtesy: HOWARD HANNA RAND REALTY - 973-694-6500
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EXIT SOLGAR REALTY
200 Diamond Bridge Ave, Hawthorne, NJ 07506
Office
973 282 8642
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