172 20th Ave
Paterson City, NJ 07501
Price: $675,000
GSMLS: 3958593Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 4
Baths: 2 Full & 1 Half
Garage: 1-Car
Year Built: 1921
Acres: 0.11
Property Tax: $10,414
Description
This Well-maintained Two-family Home Is A Standout Investment Opportunity, Offering The Perfect Balance Of Comfort, Functionality, And Strong Rental Income Potential. Each Unit Features Two Spacious Bedrooms, Ideal For Tenants Or Owner-occupants Alike. One Of The Property's Most Unique Assets Is The -2,000 Sq Ft Garage A Dream Space For Storage, A Workshop, Or Potential Additional Rental Income. Complementing This Is A Large Parking Lot With Space For Numerous Vehicles, Enhancing Appeal For Tenants, Business Use, Or Future Development. The Property Offers Exciting Possibilities, Including The Potential To Build An Additional Structure On The Expansive Lot. Whether You Choose To Live In One Unit And Rent The Other Or Fully Capitalize On Both Units As Income-producing Rentals, This Property Delivers Long-term Value And Exceptional Flexibility An Excellent Opportunity For Investors, Entrepreneurs, Or Savvy Homeowners Looking To Make A Smart Move.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
No
Interior:
n/a
Roof:
Flat
Exterior:
Brick
Lot Size:
50X95
Lot Desc:
n/a
Parking
Garage Capacity:
1-Car
Description:
Attached Garage, Garage Parking, On-Street Parking
Parking:
Additional Parking, Fencing, On-Street Parking, See Remarks
Spaces Available:
10
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,RgOvGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Den, Eat-In Kitchen, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,RgOvGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
See Remarks
Heating Fuel:
Gas-Natural
Cooling:
Ceiling Fan
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$675,000
Tax Amount:
$10,414
Land Assessment:
$32,100
Build. Assessment:
$172,300
Total Assessment:
$204,400
Tax Rate:
5.10
Tax Year:
2024
Listing Information
MLS ID:
3958593
List Date:
04-24-2025
Days On Market:
8
Listing Broker:
REAL
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: DrakesvilleCondos.com
