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163 Fair St #3, Paterson City, NJ, 07501

10beds
4baths
2,550sqft
$899,999
$353price/sqft
$7,010/moest. monthly cost
$280,400/yrincome needed

About This Home

Welcome to 163 Fair St, Paterson, NJ, a meticulously maintained three-family home with a finished basement that presents an exceptional investment opportunity or an ideal owner-occupant scenario. The building features a first-floor 3-bedroom unit, a second-floor 3-bedroom unit, and a third-floor 4-bedroom unit that are all tenant-occupied, providing a steady source of income. Separately metered gas and electric utilities for each unit ensure low overhead expenses for the landlord. This property is Conveniently located near shops, restaurants, schools, parks, and easy access to public transportation. Whether you're looking to owner-occupy while generating rental income or expand your investment portfolio, this property is a fantastic opportunity.

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

5/10
Paterson P-TechGrades 9-120.2 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2015

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Stucco,Wood Shingle

Notable Dates

  • Major remodel year: 2015

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Bedrooms,Kitchen,Living Room,Eat-In Kitchen

Heating & Cooling

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

Interior Area

  • Total structure area: 2,550
  • Total interior livable area: 2,550 sqft

Property

Details

  • Parcel number: 2508036120000000160000

Features

  • Levels: 3-Three Story
  • Stories: 3
  • Patio & porch: Open Porch(es),Patio

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 28 x 100

Parking

  • Parking features: On Street,None