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Listed by Annakay S. Lyttle Lyttle Dream Team Realty LLC
$ 2,999,999
Est. payment /mo
Price Dropped by $50K
231 Market ST Paterson, NJ 07505
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26014240
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
Property Description
Exceptional investment opportunity in the heart of Paterson! This fully occupied mixed-use building at 231 Market Street offers immediate cash flow and long-term upside for the savvy investor. The property features nine well-maintained one-bedroom residential units, all currently rented, providing stable and consistent income. The ground floor is occupied by an established furniture retail store, adding a strong commercial component and additional revenue stream. This prime location benefits from high foot traffic, excellent visibility, and close proximity to major highways, public transportation, shopping, and dining. With 100% occupancy, this turnkey asset is ideal for investors seeking a performing property with minimal downtime. Whether you’re expanding your portfolio or entering the mixed-use market, this property delivers both stability and growth potential. Offered at $3,100,000. Don’t miss this rare opportunity to own a high-performing mixed-use property in a thriving urban location.
Location
State NJ
County Passaic
Nearby Locations
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Your debt-to-income ratio is 36%
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