37 Mill St 37-41

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Large mix-use, moneymaker property in the convenient business district of Paterson, close to shopping, NYC transportation, major highways, consisting of 2 buildings at 37-39 and 41 Mill St and lot at 7 Elm St, Day Care facility occupies 37-41 Mill St currently rented for ($5750), apartments consist of 3 bedrooms, 1.5 baths apartment ($1360), 41 Mill St consist of a 2nd fl, 2-2 bedrooms ($1110 and $1500) and 3rd fl, 2 bedrooms ($1050), separate utilities, tenants pay water/heat/electric, owner pays sewer except Day-Care pays their own, the sale includes lot at 7 Elm St use by Day Care, all rentals are M2M except the Day-Care. Pro-forma list with Income & Expenses attached. Per seller, Day-Care pays portion of tax increases as well.

Price:$$1,150,000
Address:37 Mill St 37-41
City:Paterson City
County:Passaic
State:New Jersey
Zip Code:07501
MLS:3807078
Year Built:1920
Acres:0.090
Lot Square Feet:0.090 acres

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