15 LESLIE ST
PATERSON CITY, NJ 07503
$749,900
8 Beds
5 Baths
N/A Sq Ft
Status Pending
MLS# 3879322
LA related to seller. 3 Family. Gut rehab in 2016 including including new electric. 2 car detached garage plus driveway for off street parking.1 block from the largest employer in Passaic County, St. Joseph's hospital. All separate utilities including separate Owner electric meter. Owner pays water for building. Apt #1: LR, EIK, 3BR, 2bth. Currently vacant. Market rent in area $2350. Apt #2: LR, EIK, 3BR, 2bth. Have not raised $1400 rent since original move in. Market rent $2350. buyer can give notice to vacate if Owner occupied. Apt #3: LR, EIK, 2BR, 1bth. Have not raised $1200 rent since original move in. Market rent $1900. Operating expenses include maintenance, common area electric, cold water, sewer, insurance, garbage collection, taxes. With market rents, including garage parking, gross potential rents would be $81,600. Potential net income, with market rents $67,114 and a cap rate of 8.95%. Photos are of vacant unit.
Details for 15 LESLIE ST
2 parking spaces
3 Units, Forced Hot Air, Radiators - Steam
170 Days on website
0.06 acres lot