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$ 849,500
Est. payment /mo
Active
95-99 Lyon St Paterson City, NJ 07524
10 Beds
6 Baths
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3964368
Style 3-Three Story
Bedrooms 10
Full Baths 5
Half Baths 2
Annual Tax Amount $14,775
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
A significant opportunity for investors and homebuyers alike. This building, comprising five legal flats (the first floor is divided into two apartments, the Left side is 1 Bed 1 bath kit, living. Rented for $1,300 - the Right side is two bedrooms, one bathroom, an eat-in kitchen, and a living room -owner-occupied and willing to pay up to $1,800. It is conveniently located close to everything. Rents are under market value due to long-term tenants with no leases, and they are willing to negotiate with a new Landlord. The seller probably needs to stay for a couple of months after the closing, paying a reasonable rent, until he buys or rents a new place. The U&O agreement has to be negotiated before signing the Contract. (Deligently looking for something now) DCA (Green card) actualized, no inspection due yet. To be sold strictly AS IS condition, with no known issues, the seller won't do any repairs, and a home inspection will be ONLY for informational purposes. A substantial double garage on the Butler St side can accommodate up to 4 cars. Don't miss out on this opportunity!
Location
State NJ
County Passaic
Rooms
Basement Finished, Full
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Corner
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by PROMISE LAND REALTY
