Paterson, NJ 07501,225 Summer ST
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Paterson, NJ 07501,225 Summer ST
Paterson, NJ 07501,225 Summer ST
Paterson, NJ 07501,225 Summer ST
Paterson, NJ 07501,225 Summer ST
Listed by Carlos Roman Keller Williams City Life Realty, Jersey City
Bought with Mayrening Reyes Luxe Listings

$580,000

Est. payment /mo

$575,000

0.9%
Est.Price: ?

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225 Summer ST Paterson, NJ 07501

5 Baths

SOLD DATE : 01/17/2025

Key Details

Sold Price $580,000

Property Type Multi-Family

Sub Type 2 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24033504

Sold Date 01/17/25

Style 2 Family

Full Baths 4

Half Baths 1

Property Sub-Type 2 Family

Property 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 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!

Location

State NJ

County Passaic

Interior

Laundry Hook Ups, In Unit

Exterior

Garage Spaces 1.0

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New Jersey MLS (NJMLS)
agent

Christopher Greco

Broker Associate | License ID: 0680437

+1(973) 406-4603

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