$474,999
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6,000 sqft
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Built in 1920
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Lot: 0.06 acre
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Other
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$474,999
21 W Broadway Attention all investors or owner occupants great opportunity you do not want to pass up. Two unit commercial building located in downtown Paterson aggressively priced for a quick sale! The downstairs unit is currently leased as a bar paying 3300 per month. The upstairs unit is currently vacant but was previously a beauty salon and prior to that a dentist office. Going rent for upstairs unit is approx 2500-3000 per month. This building has a potential cap rate of over 10% which is very rare in the current market, perfect for an investor looking for a high ROI! Or purchaser can lease downstairs collect income and keep upstairs for themselves! Dont miss out on this opportunity!
Courtesy of: CHRISTOPHER LEOPIZZI, LEOPIZZI REAL ESTATE AGENCY
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