Paterson, NJ 07501,114 Beech ST
Paterson, NJ 07501,114 Beech ST
Paterson, NJ 07501,114 Beech ST
Listed by Christopher Daliani EXP Realty, LLC
Bought with Christopher Daliani EXP Realty, LLC
$240,000
Est. payment /mo
$235,000
2.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2 Baths
SOLD DATE : 02/14/2024

Key Details

Sold Price $240,000

Property Type Multi-Family

Sub Type 2 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 23031489

Sold Date 02/14/24

Style 2 Family

Full Baths 2

Property Sub-Type 2 Family

Property Description

This 2-family Paterson property presents a promising investment opportunity for those with a keen eye for transformation. With a prime location offering convenient access to local amenities, schools, parks, and major transportation routes, this property is positioned for growth and profitability. The current layout allows for versatile rehab possibilities. With a near-gut renovation, the existing units can be redesigned into spacious 2 or 3-bedroom residences, appealing to a diverse rental market. While the property does require substantial restoration to return it to its original grandeur, the potential for increased rental income and property appreciation is substantial. Paterson boasts a strong rental market, ensuring a steady stream of potential tenants. This property caters to the visionary investor who can uncover its hidden charm and unlock its true potential. Contact us today to explore this potential gem and embark on a rewarding real estate investment journey.

Location

State NJ

County Passaic

Interior

Laundry None

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


New Jersey MLS (NJMLS)

GET MORE INFORMATION

agent
Heather Pruiksma

Agent | License ID: 2186608

+1(201) 995-7467 | heathersellsnorthjersey@gmail.com

Name
Phone*
Message