




154 Butler St #3, Paterson, NJ, 07524
About This Home
Turnkey 3-Family Home The Perfect Live-in Investment with 8% cap rate Welcome to your new home and smart financial future! This completely renovated three-family property offers the perfect blend of modern comfort and effortless income. Each of the three private units features a thoughtful layout with 2 bedrooms and 1 bathroom, making them highly desirable for renters.Say goodbye to management headaches! The property is designed for efficiency, with separate meters and boilers for each apartment. This means tenants are responsible for their own utilities, streamlining your responsibilities and maximizing your profit.Live in one beautiful unit and let the other two generate significant rental income, providing a powerful way to offset your mortgage or build long-term wealth. This is more than just a home, it's an intelligent path to financial freedom. Don't miss this rare opportunity to own a fully updated, income-producing property.Seller open for assumable mortgage 5.47%
Getting Around
Schools
Construction
Condition
- Year built: 1939
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Notable Dates
- Major remodel year: 2022
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Yes,Finished,Partial
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Bedrooms,Eat-in Kitchen,Family Room,Eat-In Kitchen
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Property
Details
- Parcel number: 2508029080000000300000
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Lot size: 1,742 sqft
- Lot size dimensions: 25 x 72
Parking
- Parking features: None,See Remarks
