202 Mill St, Paterson City, NJ, 07501-2713

$734,900

202 Mill St, Paterson City, NJ, 07501-2713

MLS# 4016185

Active

9

Bedrooms

0.06 sqft

Lot Size

1940

Year Built

$5,286

Taxes

Description

OWNER FINANCING AVAILABLE - Turnkey Renovated 3 years ago - 3-Family - High Yield & Low Maintenance. Rare opportunity to own a fully gut-renovated, income-producing 3-family property in a high-demand location near Downtown Paterson. Stripped to the studs and completely reimagined, this substantial residence offers three spacious units, each featuring a modern 3-bedroom layout designed to attract premium tenants or provide comfortable owner-occupant living. High-end capital improvements include a new roof, new siding, and windows, ensuring minimal deferred maintenance and low operating expenses. Each unit showcases updated kitchens with contemporary cabinetry and durable countertops, alongside fully updated modern baths. Perfectly situated just minutes from shopping, dining, public transportation, and major highways, this property offers an unbeatable combination for commuters and investors alike. Whether you are looking for a stabilized asset or a "live-in-one, rent-the-others" house-hack, this property delivers immediate value and long-term durability. Just turn the key and start collecting.

Features

  • Heating: 3 Units, See Remarks
  • Cooling: See Remarks
  • Basement: Full, Unfinished

Listing Office: UNITED REAL ESTATE

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the New Jersey Multiple Listing Service (NJMLS). Real estate listings held by brokerage firms other than the owner of this site are marked with the NJMLS logo. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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MLS Disclaimer

NJMLS:The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the New Jersey Multiple Listing Service (NJMLS). Real estate listings held by brokerage firms other than NJ Realty Bot / Realty One Group Legend are marked with the NJMLS logo and information about them includes the name of the listing broker. The information deemed reliable but not guaranteed. The data is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

GSMLS:Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the Garden State Multiple Listing Service.

Last updated: May 12, 2026