225 Summer Street
$575,000
6
4
1
—
—
—
Under Contract
Description
Welcome to 225 Summer St, a modern investment opportunity in the heart of Paterson! Built in 2018, this property features two spacious units, perfect for generating steady rental income. Unit 1 is a duplex with 3 bedrooms, 2.5 bathrooms, and a thoughtful layout that balances comfort and privacy. Unit 2 offers 975 sq. ft. of living space, with 3 bedrooms and 2 bathrooms ideal for various tenant needs. Both units are currently occupied by long-term tenants, generating a robust monthly rental income...Welcome to 225 Summer St, a modern investment opportunity in the heart of Paterson! Built in 2018, this property features two spacious units, perfect for generating steady rental income. Unit 1 is a duplex with 3 bedrooms, 2.5 bathrooms, and a thoughtful layout that balances comfort and privacy. Unit 2 offers 975 sq. ft. of living space, with 3 bedrooms and 2 bathrooms ideal for various tenant needs. Both units are currently occupied by long-term tenants, generating a robust monthly rental income of $5,000. This property also boasts valuable features, including solar panels for energy savings and an attached garage, providing secure parking and additional convenience. Whether you're an investor or looking to own an income-generating property, 225 Summer St is an excellent choice. Don't miss the opportunity to make this high-yielding, low-maintenance property your own!
- Listed by CARLOS ROMAN • KW CITY LIFE JC REALTY
- Listed by CHRISTOPHER PIECHOCKI • KW CITY LIFE JC REALTY
Property Details for 225 Summer Street
Directions
GPS to Summer St
Days On Market18
LISTING UPDATED: 12/20/2024 10:05 AM
Property Details for 225 Summer Street
Status | Under Contract |
---|---|
MLS # | 3927736 |
Days on Market | 18 |
Taxes | $2,113 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3-Three Story |
Year Built | 2018 |
Lot Size | 0.06 AC / 2,613 SF |
County | Passaic County |
Building Information for 225 Summer Street
Stories-Residences2Year Built2018Building Size-Lot Size0.06 AC / 2,613 SF
Property Information for 225 Summer Street
Property History for 225 Summer Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 225 Summer Street
Taxable ValueLand$43,000Additions$252,000Total$295,000
Tax Record2023$2,113 ($176 / month)
Home Facts
Beds0Stories3Lot Size2,500 SqFtStyleSingle Family ResidenceZoningB-2CountyPASSAICAPN08 03610-0000-00027
Schools near 225 Summer Street
This home is within Paterson Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | PK to 3 | |||
Public - | PK to 5 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Dale Avenue Elementary School PublicPK to 2 | ||
Edward W. Kilpatrick Elementary School PublicPK to 3 | ||
School 15 PublicPK to 5 | ||
Senator Frank Lautenberg School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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