89 Market St , Paterson City, Passaic 07505-1274
- $999,999
- 4744
89 Market St , Paterson City, Passaic 07505-1274
- $999,999
Description
This 5-unit mixed-use building features a long-standing liquor store/bar on the ground floor, providing stable commercial income with strong visibility along Market Street. Above the retail space are four residential apartments: two 2-bedroom units and two 1-bedroom units. One of the 2 -bedroom apartments will be vacant as of 4/1/2026, offering a valuable chance for renovation and immediate rent upside. Of the three remaining residential units, one has already been updated, while the others present significant value-add potential for an investor looking to modernize and increase long-term returns. ALL SEPARATE UTILITIES! The building layout is efficient, and the mixed-use configuration appeals to renters seeking convenience near transportation, shopping, and local businesses. With consistent demand in the area, this property provides a solid base of income today with substantial room to improve performance over time. Ideal for hands-on owners or investors seeking growth in an evolving urban market. Property is being sold strictly as-is.
Address
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City: Paterson City
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State/county: Passaic
Details
Updated on December 12, 2025 at 3:15 pm-
Property ID HZ4001289
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Price $999,999
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Property Size 4744
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Property Status Active
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