94 Manchester Avenue, Paterson, NJ 07502
Local realty services provided by:CENTURY 21 The Crossing
94 Manchester Avenue,Paterson, NJ 07502
$499,900
- - Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: serhat okdemir, matthew gevirtz
Office: exp realty, llc.866-201-6210
MLS#:26013640
Source:NJ_MLS
Price summary
- Price:$499,900
About this home
2-Unit Multi-Family with Strong Cash Flow & Upside Potential. This income-producing 2-family property offers immediate rental income with additional upside in a convenient location. The building includes three separate units: a 3-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, and a finished 2-bedroom, 1-bath basement apartment ideal for maximizing rental potential. Current rents include $1,900/month for the first floor and $1,300/month for the second floor, with the second unit occupied by a long-term tenant and presenting clear below-market upside (projected $1,600+). The basement unit adds further income potential, making this a strong opportunity for investors seeking both cash flow and future growth.Each unit features a functional living and kitchen layout, with refrigerators and microwaves included. The basement unit benefits from its own split AC system, while upper units utilize window units. There is no on-site parking, with street parking available, and a shared backyard area offers outdoor space for tenants. Whether you're expanding your portfolio or looking for a multi-unit with built-in upside, this property delivers a compelling mix of current income, tenant stability, and value-add potential....
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Home facts
- Listing ID #:26013640
- Added:1 day(s) ago
- Updated:April 22, 2026 at 03:15 PM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:8
Finances and disclosures
- Price:$499,900
- Tax amount:$8,562
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