• Asking Price $1,395,000
  • 59-63 Broadway Paterson City, NJ 07505

  • 8,520 SqFt
  • Other / Resale (MLS)

Property Details for 59-63 Broadway, Paterson City, NJ 07505

Features

  • Price/sqft: $163
  • Total Units: 6
  • Total Rooms: 1
  • Room List: Basement

Facts

  • Property ID: 917014965
  • MLS Number: 3923116
  • Property Type: Other
  • County: PASSAIC
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Introducing a remarkable investment opportunity: a six-unit brick building located in a bustling area of Paterson Street. This well-maintained property features three commercial units on the first floor, two of which are currently leased to established businesses a popular Chinese restaurant and a delightful coffee shop ensuring consistent rental income. The Chinese restaurant benefits from access to a spacious basement, adding to its operational capabilities.On the second floor, you'll find three residential units, each thoughtfully designed with two rooms and a full bathroom, providing comfortable living spaces. The current tenants are all related to the seller, presenting a unique opportunity for potential buyers to consider a strategic rental plan moving forward.This mixed-use property is strictly sold as-is and represents a rare find in a high-traffic location. With strong existing tenants and the potential for added value, this building stands as a prime investment with great possibilities. Don't miss out on this chance to own a versatile property in a thriving neighborhood!

Real Estate Professional In Your Area

Need help finding a home?
Contact a Real Estate Pro.



Are you a Real Estate Agent?

Get Premium leads by becoming a UltraForeclosures.com preferred agent for listings in your area

Learn More

Click here to view more details
Property Brokerage: eXp Realty, LLC 28 VALLEY ROAD #1 MONTCLAIR NJ 7042
Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.