Description
48 N York Street,
Paterson,
NJ
07524
Welcome to your dream home in the Riverside Section of Paterson! This massive and stylishly renovated 4-family is a dream come true for homeowners or investors. Spanning over 4,900+ square feet of modern living space, this legal 4-family home has been fully renovated from top to bottom with contemporary finishes, brand-new appliances, and all new utilities making it 100% move-in ready and low maintenance for years to come. Each unit offers spacious layouts with sleek kitchens, designer bathrooms, and updated flooring throughout, perfect for tenants seeking both comfort and style. With a projected cap rate of approximately 9.65%, this property presents a rare opportunity for high rental income in one of Paterson's most sought-after neighborhoods. Other key features include a new roof, new siding, and a private parking lot that fits 3 to 4 cars a major bonus in the area. Whether you're an investor looking to expand your portfolio or a homeowner ready to live in one unit and rent the others, this property delivers on every level. Don't miss out on this exceptional Riverside gem!
This is an Active listing.
Broker Office Phone Number: 973-696-0077
Copyright © 2025New Jersey MLS Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Keller Williams Prosperity Realty via Data Source: New Jersey MLS Inc.
Multi-Family Home
Property type
Paterson City
School District
Paterson City
School District
paterson-paterson-nj
Schools
Price History
date | price | variance | type |
---|
7/24/2025 | $979,999 | - | Listed |
listing agent: David Arteaga