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550 River St, Paterson, NJ, 07524

5beds
3baths
1sqft
$465,000
$465,000price/sqft
$3,690/moest. monthly cost
$147,600/yrincome needed

About This Home

Great opportunity for investors or first-time buyers! This two-family home offers strong potential for steady rental income.The first unit features 2 bedrooms and 1 full bath. The second unit spans two levels with 2 bedrooms, 1 bath, plus a third-floor studio-style with its own full bathroom. The basement provides additional storage and enjoy a large private backyard, perfect for outdoor relaxation or entertaining. Separate utilities and an updated furnace and water heater (2021). Conveniently located near growing redevelopment areas.Schedule your showing today!

Getting Around

82
WalkingVery Walkable
38
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

2/10
School 10Grades K-80.4 mi
5/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Microwave,Range/Oven - Gas,Refrigerator,Microwave Oven

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedrooms,Eat-in Kitchen,Living Room,Master Bedroom,Kitchen,Living/Dining Room,See Remarks

Heating & Cooling

  • Heating features: Baseboard - Hotwater,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1
  • Total interior livable area: 1 sqft

Property

Details

  • Parcel number: 2508029070000000140000

Features

  • Levels: 3-Three Story
  • Stories: 3
  • Pool features: Indoor

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 100

Parking

  • Total spaces: 1
  • Parking features: On Street,None
  • Uncovered spaces: 1