119 W Broadway , Paterson City, Passaic 07522-2073

  • $600,000

Description

Amazing Mixed-Use Investment Opportunity in the Heart of Downtown Paterson!This well-maintained mixed-use property offers strong cash flow and an impressive 10.2% cap rate, making it ideal for both investors and owner-occupants. Ground Floor: Fully operational bar/liquor store, generating steady commercial income. First Floor Apartment: Recently updated with a spacious living room, modern kitchen, 2 generously sized bedrooms, and a full bathroom Second Floor Apartment: Features a large living room, kitchen, 2 bedrooms, a full bathroom, plus a bonus finished attic with an additional full bathroomKey Upgrades: New Roof, Tankless energy-efficient hot water heater ,Baseboard heating Located in a high-traffic area of downtown Paterson, close to transit, shops, and restaurants. This is a rare chance to own a high-yielding, turn-key asset in a growing market

  • City: Paterson City
  • State/county: Passaic

Details

Updated on December 21, 2025 at 2:59 pm
  • Property ID HZ3964696
  • Price $600,000
  • Property Size 3235
  • Property Status Active

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Queens Realty New Jersey

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