41
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  • Property Type
  • Residential Income
  • 11
  • Bedrooms
  • 3
  • Bathrooms
  • 3207
  • Area Size

69 Graham Ave , Paterson City, New Jersey 07524

  • $699,900

Description

Acquire a Stabilized, High-Performing Multifamily Asset in the Heart of Paterson. This fully occupied legal 3-family features 11 bedrooms, 3 full baths, and over 3,200 square feet of income-producing real estate. All three units are leased at market rents to established tenants, providing immediate, reliable cash flow from day one. Recent capital improvements, including renovated second and third floor units, updated utilities, and a new roof (2021), significantly reduce near-term capital expenditures, making this a true turnkey investment. A full unfinished basement offers future value-add potential, while the property’s location in one of Paterson’s strongest rental markets supports long-term appreciation and consistent occupancy. Whether you’re expanding your portfolio or completing a 1031 Exchange, this is more than a multifamily property it’s a performing asset designed to generate stable income and long-term returns. Property is being sold strictly As-Is, Where-Is with tenants in place. Seller will make no repairs or provide credits. All inspections are for the buyer’s informational purposes only.

Address

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  • City: Paterson City
  • State/county: NJ

Details

Updated on September 4, 2026 at 12:21 pm
  • Property ID HZ4042118
  • Price $699,900
  • Property Size 3207
  • Bedrooms 11
  • Bathrooms 3
  • Property Type Residential Income

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