Paterson, NJ 07502,85 BERKSHIRE AVE
Paterson, NJ 07502,85 BERKSHIRE AVE
Paterson, NJ 07502,85 BERKSHIRE AVE
Paterson, NJ 07502,85 BERKSHIRE AVE
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$ 699,000
Est. payment | /mo

4 Beds

3 Baths


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$ 699,000
Est. payment | /mo
Save

4 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260000139

Bedrooms 4

Full Baths 3

HOA Fees $1/mo

Annual Tax Amount $10,424

Tax Year 2024

Lot Dimensions 71X100

Property Sub-Type 3 Family

Property Description

85 Berkshire Avenue presents a turnkey three unit residential asset in Paterson. This semi attached building offers four on site parking spaces. All three apartments are renovated and fully rented with stabilized in place income. Operations are streamlined with separate utilities; an above ground oil tank provides heat to Apartments 2 and 3, and those two tenants share the fuel cost. Common owner expenses are modest and on site parking supports durable performance. The property is near the Totowa border and close to shopping, bus lines, and major roadways. A low maintenance, separately metered asset for investors seeking steady cash flow.

Location

State NJ

County Passaic

Area Paterson

Rooms

Basement None

Interior

Heating A/C Central, Oil

Cooling A/C Central, Oil

Exterior

Exterior Feature Brick

Parking Features 3+ Cars, Other-See Remarks

Listed by REAL
Braulio Cespedes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(862) 203-0975

braulio.cespedes@joinreal.com

165 Passaic Ave, Fairfield, New Jersey, 07004, USA

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85 BERKSHIRE AVE