37-41 Mill St, Paterson City, NJ
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Presented By:
Roberto Sanchez
Broker-Associate
Sanchez Realty Group/United RE- North Jersey
973-216-1945
Licensed In: NJ
$ Click for current price
Large mix-use, moneymaker property in the convenient business district of Paterson, close to shopping, NYC transportation, major highways, consisting of 2 buildings at 37-39 and 41 Mill St and lot at 7 Elm St, Day Care facility occupies 37-41 Mill St currently rented for ($5750), apartments consist of 3 bedrooms, 1.5 baths apartment ($1360), 41 Mill St consist of a 2nd fl, 2-2 bedrooms ($1110 and $1500) and 3rd fl, 2 bedrooms ($1050), separate utilities, tenants pay water/heat/electric, owner pays sewer except Day-Care pays their own, the sale includes lot at 7 Elm St use by Day Care, all rentals are M2M except the Day-Care. Pro-forma list with Income & Expenses attached. Per seller, Day-Care pays portion of tax increases as well.
