The property has a great rent roll for any investor. The CAPE RATE is above 8-9%. The one-family house rented for $2,685. The rear apt is rented for $2,200.00, and the restaurant rent is $2,300.00; the Garage rent is $825.00. Studio apt rent is $1,100.00. The other rear unit is $2,100.00. The listing is being sold as a 4-unit property, including the restaurant and garages, at 100, 102, and 104 3 Ave, Paterson. The total monthly rent is $11,145.00, with the tenants paying their heat and AC expenses. The property has one fam, store/restaurant, rear apt 2nd fl, garage storage, Studio apt, Rear apt. The yard has room to park up to 4-5 cars. The total annual rent is $133,740.00; the total taxes for the property are $21,554.00.This investment is the best deal for you to make a retirerment fund.
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