84-86 Madison Street, Unit 3
$749,000
16
3
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Description
Huge three-family house, featuring 5 bedrooms on 1st and 2nd floors and 6 bedrooms on the 3rd floor, a living room, and a formal dining room. It is located by Downtown Paterson right off Route 19th, within walking distance to shopping centers. It has a driveway for approximately 5-6 cars, close to all major highways. In need of minor TLC. The basement has 2 storage rooms that can be also, rented for another $500 a month. This property is been sold "as is". Great investment. It is a money-making tool,...Huge three-family house, featuring 5 bedrooms on 1st and 2nd floors and 6 bedrooms on the 3rd floor, a living room, and a formal dining room. It is located by Downtown Paterson right off Route 19th, within walking distance to shopping centers. It has a driveway for approximately 5-6 cars, close to all major highways. In need of minor TLC. The basement has 2 storage rooms that can be also, rented for another $500 a month. This property is been sold "as is". Great investment. It is a money-making tool, producing over $7,0000 per month when fully rented(currently only the 2nd fl. vacant), and all apartments have separate utilities. Currently Passaic County Affordable Housing(Sec. 8) is paying up to $3200 for 5-bedroom apartments in the area, therefore your new rent roll will be $9600. The owner will cooperate with 3.5% seller concession if the offer is a full asking price.
- Listed by ITZEL MACHADO • ESTATES PRIME REALTY
Property Details for 84-86 Madison Street, Unit 3
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Days On Market164
LISTING UPDATED: 11/22/2024 09:52 AM
Property Details for 84-86 Madison Street, Unit 3
Status | Active |
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MLS # | 3907107 |
Days on Market | 165 |
Taxes | $16,567 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3-Three Story |
Year Built | 1930 |
Lot Size | 0.09 AC / 3,920 SF |
County | Passaic County |
Building Information for 84-86 Madison Street, Unit 3
Stories-Residences3Year Built1930Building Size-Lot Size0.09 AC / 3,920 SF
Property Information for 84-86 Madison Street, Unit 3
Property History for 84-86 Madison Street, Unit 3
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.
Schools near 84-86 Madison Street, Unit 3
This home is within Paterson Public School District.
Rating | School | Type | Grades | Distance |
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Public - | PK to 2 | |||
Public - | PK to 3 | |||
Public - | PK to 5 | |||
Public - | PK to 5 |
Rating | School | Distance |
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Dale Avenue Elementary School PublicPK to 2 | ||
Edward W. Kilpatrick Elementary School PublicPK to 3 | ||
School 15 PublicPK to 5 | ||
School 27 PublicPK to 5 |
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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