Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

202 Mill St, Paterson, NJ, 07501

9beds
3baths
0sqft
$734,900
--price/sqft
$5,689/moest. monthly cost
$227,560/yrincome needed

About This Home

OWNER FINANCING AVAILABLE - Turnkey Renovated 3 years ago - 3-Family - High Yield & Low Maintenance. Rare opportunity to own a fully gut-renovated, income-producing 3-family property in a high-demand location near Downtown Paterson. Stripped to the studs and completely reimagined, this substantial residence offers three spacious units, each featuring a modern 3-bedroom layout designed to attract premium tenants or provide comfortable owner-occupant living. High-end capital improvements include a new roof, new siding, and windows, ensuring minimal deferred maintenance and low operating expenses. Each unit showcases updated kitchens with contemporary cabinetry and durable countertops, alongside fully updated modern baths. Perfectly situated just minutes from shopping, dining, public transportation, and major highways, this property offers an unbeatable combination for commuters and investors alike. Whether you are looking for a stabilized asset or a "live-in-one, rent-the-others" house-hack, this property delivers immediate value and long-term durability. Just turn the key and start collecting.

Getting Around

89
WalkingVery Walkable
60
TransitGood Transit
43
BikeSomewhat Bikeable

Schools

4/10
School 3Grades K-80.1 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Asphalt Shingle,See Remarks
  • Construction materials: Brick,Vinyl Siding

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,See Remarks,Water Heater (See Remarks)

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • See Remarks,Bedrooms,Eat-in Kitchen,Living Room,Eat-In Kitchen

Heating & Cooling

  • Heating features: 3 Units,See Remarks,Natural Gas
  • Cooling features: See Remarks

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 2508052020000000100000

Features

  • Levels: 3-Three Story
  • Stories: 3
  • Exterior features: Sidewalk

Lot

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

Parking

  • Parking features: On Street