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Listed by Christopher F. Varela Realty Empire, LLC
$ 799,000
Est. payment /mo
Active
523 Park AVE Paterson, NJ 07504
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26026928
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
Property Description
Location, Location, Location! Exceptional investment opportunity on a highly visible corner lot at Park Avenue and East 33rd Street. This mixed-use property features two spacious residential units, each offering 5 bedrooms and 1 full bath, providing tremendous rental income potential. The first floor consists of a large vacant commercial space that previously operated as a laundromat, offering endless possibilities for redevelopment, owner occupancy, or potential business use. Buyers are encouraged to perform their own due diligence regarding permitted uses and any prior grandfathered approvals.The entire property is delivered vacant, making it ideal for investors, business owners, or owner-occupants seeking flexibility and value-add potential.Conveniently located near schools, parks, shopping, public transportation, and major highways. sold strictly as-is.
Location
State NJ
County Passaic
