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154 Butler St #3, Paterson, NJ, 07524

6beds
3baths
2,700sqft
$699,000
$259price/sqft
$5,555/moest. monthly cost
$222,200/yrincome needed

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

83
WalkingVery Walkable
35
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

2/10
School 10Grades K-80.2 mi
5/10

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