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94 Manchester Avenue, Paterson, NJ 07502

$520,000
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Active
BEDS5 BATHS3 full MLS#26020153
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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. 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.

94 Manchester Avenue | MLS# 26020153

This multi-family property located at 94 Manchester Avenue, Paterson, NJ 07502 is currently listed for sale with an asking price of $520,000. Search Paterson real estate on jthayil.joycerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Taxes: $8,562

Feature Descriptions

Days on Site: 23
Number of Rooms: 8
Utilities: SEPERATE Elec, SEPERATE Gas, SEPERATE Heat

Listed By / Shown By

Listing By

Agency Name: EXP Realty, LLC
Agency Phone: 866-201-6210

Shown By

Agent Name: Joseph Thayil, Lic. Real Estate Salesperson
Agent Phone: (914) 602-1005
Agency Title: Joyce Realty

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Estimated Payment

$ 2,022.46 per month $1,157.29 Principal & Interest $713.50 Property Tax $151.67 Homeowner's Insurance

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