Larry Levin, Realtor

59 Mercer St, Paterson, NJ 07524

$825,000
  • 59 Mercer St, Paterson, NJ 07524 Main Photo

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Active
BEDS9 BATHS6 full MLS#4016225
STATUS PROPERTY TYPEMulti Unit - Multiple

Property Description

Experience the pinnacle of modern investment with this rare, totally rebuilt 2024 three-family masterpiece. Each of the three expansive units has been meticulously designed for the sophisticated renter, featuring soaring high ceilings, a generous three-bedroom, two-full-bath layout, and the essential comfort of central air conditioning throughout. Every residence is a study in contemporary luxury, boasting premium finishes and the ultimate convenience of dedicated in-unit laundry, ensuring these apartments command top-tier market rents. For the savvy investor, this property offers an exceptional turnkey opportunity with excellent existing rental income and significant upside potential. The financial appeal is further enhanced by extremely low taxes, creating an incredible high-margin investment with minimal overhead. Its location is a commuter's dream, situated moments away from major NYC transportation hubs and primary highways, ensuring a consistent and high-quality tenant pool. Whether you are looking to occupy one unit and have your mortgage paid or add a pristine, low-maintenance asset to your portfolio, this 2024 build represents an unrivaled opportunity in today's competitive market.

59 Mercer St | MLS# 4016225

This multi-family property located at 59 Mercer St, Paterson, NJ 07524 is currently listed for sale with an asking price of $825,000. Search Paterson real estate on www.livelovephilly.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: 3 Units, Central Air
Fuel Type: Gas-Natural
Garage: 1
Heating: 3 Units, Forced Hot Air
Lot Size: 0.05 Acres
Roof Type: Asphalt Shingle
Taxes: $8,407

Feature Descriptions

Days on Site: 8
Driveway: On-Street Parking
Exterior: Aluminum Siding, Stucco
Lot Dimensions: 0.05 acre(s)
Parking Notes: Detached Garage
Sewer: Public Sewer
Utilities: Gas-Natural
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: KELLER WILLIAMS PROSPERITY REALTY
Agency Contact: 973-696-0077

Shown By

Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark

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Estimated Payment

$ 2,777.30 per month $1,836.09 Principal & Interest $700.58 Property Tax $240.63 Homeowner's Insurance

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