1. New Jersey
2. Paterson City
3. 107 Jersey St

107 Jersey St, Paterson City, NJ 07501

• 6 beds |
• 2 baths

Property Description

Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lot property offers three separate units and bonus billboard rental making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income andattracting long-term tenants. The ground-floor unit is currently a cafe primarily serving light meals and beverages, ensuring immediate cash flow. Thishigh-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Justoff Rt 80 with Rt 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for persons seeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Don't miss out schedule your showing today!

Listing Status:

Active

Listing Office:

ADDISON REAL ESTATE : 862-251-4915

MLS ID:

3971220

Interior

• General: Bar-DryCarbon Monoxide DetectorSmoke Detector
• Basement: Unfinished
• A/C: Window A/C(s)
• Heating: 3 UnitsGas-Natural

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of ADDISON REAL ESTATE