171 Temple St | Paterson City

$949,000 | 6 Baths (6 Half) | 4,080 Sq. Ft.

Investor's Dream! This 6-unit multifamily building in the heart of Paterson offers a fantastic income-producing opportunity. Each unit features 1 bedroom and 1 bathroom, with all six units currently rented at $1,500 per month, generating strong cash flow. With steady rental income and high demand in the area, this property is perfect for both seasoned and new investors. Conveniently located near major highways, public transportation, shopping, and dining, making it an attractive option for tenants. Don't miss this chance to add a solid investment to your portfolio! GSMLS 3951812

Directions to property: ON I-80 TAKE EXIT 57 B MERGE ONTO NJ-19 N LEFT ON MAIN ST LEFT ON TEMPLE ST

MLS Listing ID: 
GSMLS 3951812
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1975
Living Area: 
4,080
Basement: 
Unfinished
Construction
Construction Materials: 
Wood, Brick/Block
Roof: 
Rubberized
Exterior: 
Brick/Block, Vinyl Siding
Energy Information: 
Electric, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
6
Total Half-Bathrooms: 
6
Utilities
Information about utilities available on the property.
Heating System: 
3 Units, Baseboard - Electric, Forced Hot Air
Heating System Fuel: 
Electric, Gas-Natural
Cooling System: 
Window A/C(s), 3 Units, Central Air
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.07
Lot Size (Dimensions): 
40X75
Waterfront: 
0
Lot Features
Driveway: 
Off-Street Parking
Parking Type: 
Off-Street Parking
Public Record
Parcel Number: 
2508-00301-0000-00002-0000-
Lot Number: 
2
Annual Tax: 
$16,472.00
Property Zoning: 
COM-RES R-3
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
3/19/2025
Contract Details
Details about the listing contract.
Inclusions: 
Building & Land, Building Only
Possession: 
30
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
PRESTIGE PROPERTY GROUP MONTCLAIR