Bought with Russell Juzdan Emily Abdy Realty Group
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557-565 E 23rd ST Paterson, NJ 07514
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Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type 5+Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25003977
Sold Date 05/07/25
Style 5+Family
Property Sub-Type 5+Family
Property Description
Discover a unique 8-unit garden-style multifamily property that stands apart from the rest! Situated on the border of the Wrigley Park and East Side neighborhoods, this well-maintained asset offers tremendous curb appeal, a very attractive option for local renters. With minimal deferred maintenance, investors can cash flow from day one, while still unlocking additional value through strategic management and improvements. Boasting a thoughtful unit mix, each apartment is spacious and well laid out, catering to tenant comfort and long-term occupancy. Whether you’re an investor looking for a stable income-producing property or seeking an opportunity to enhance returns throughout repositioning, this property delivers both reliability and upside for its next owner.
Location
State NJ
County Passaic
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