Listed by Alpine Mc Realty LLC
$1,459,000
242-244 Main
Details
Property Type Retail, Mixed Use
Sub Type Commercial
Square Footage 1,800
Retail | 1,800 SqFt
Marketing description
Solid 6 Story Mixed-use building, 1Retail, five apartments, located on Main St., the busiest street in Paterson. This building has great potential to increase income. The current rent is below the market value. Current income is $119,400. Each floor is $1800 Sqft. Huge size. You can make a 3-bed apartment on each floor. This building has true value. The potential income will exceed $200,000. Section 8 in Paterson for a 3-bed $2550. Retail ( Cell phone store), four(4) apartments are updated. Separated heating, the 6th floor is vacant. Full basement.
Listing Contacts
Listed by Alpine Mc Realty LLC
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