15 Leslie St, Paterson, New Jersey, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$749,900

15 Leslie St
Paterson, New Jersey, United States

8bd 5ba

Listed By: Realtyww Info

Listed On: 09/12/2024

Listing ID: GL11219533 View More Details

Description

LA related to seller. 3 Family. Gut rehab in 2016 including including new electric. 2 car detached garage plus driveway for off street parking.1 block from the largest employer in Passaic County, St. Joseph's hospital. All separate utilities including separate Owner electric meter. Owner pays water and sewer for building. Apt #1: LR, EIK, 3BR, 2bth. Currently vacant. Market rent in area $2600. Apt #2: LR, EIK, 3BR, 2bth. Market rent in area is $2600. Apt #3: LR, EIK, 2BR, 1bth. Have not raised $1200 rent since original move in. Market rent $1900, Buyer can give notice to vacate if Owner wishes to occupy. Operating expenses include maintenance, common area electric, cold water, sewer, insurance, garbage collection, taxes. With market rents, including garage parking, gross potential rents would be $87, 600. Potential net income, with market rents $73, 114 and a cap rate of 9.76%. Photos are of the two vacant units.

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Listed by: Benjamin Jampel