169 Godwin AVE, Paterson, NJ 07501
169 Godwin AVE, Paterson, NJ 07501,Video Tour
169 Godwin AVE, Paterson, NJ 07501
38
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Listed by Maikol Puebla Coldwell Banker, Ridgewood
$1,199,000
Est. payment /mo
12 Beds
4 Baths
New

169 Godwin AVE Paterson, NJ 07501

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Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26028525

Style 4 Family

Bedrooms 12

Full Baths 4

Property Sub-Type 4 Family

Property Description

Don't miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120,000 in annual gross rental income and offers an impressive 7.5% cap rate, making it an excellent addition to any investment portfolio. Each spacious unit offers approximately 1,200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow. Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks.

Location

State NJ

County Passaic

Interior

Laundry In Unit

Others

Virtual Tour https://www.zillow.com/view-imx/4cd42077-61fd-42a8-9150-e001fb21a732?initialViewType=pano


New Jersey MLS (NJMLS)

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Chris Fleming

Chris Fleming

NJ - Sales Assoicate | License ID: 2298483

+1(908) 283-0602

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169 Godwin AVE