165 Godwin Ave, Paterson City, NJ 07501-1602
- $999,500
165 Godwin Ave, Paterson City, NJ 07501-1602
- $999,500
Overview
Property ID: HZ4043571
- Residential Income
- 12
- 4
- 4560 Sqft
Description
Don’t miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120, 000 in annual gross rental income and offers an impressive 7.5% cap rate, making it an excellent addition to any investment portfolio.Each spacious unit offers approximately 1, 200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow.Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks.
Address
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Address: 165 Godwin Ave, Paterson City, NJ 07501-1602
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City: Paterson City
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State/county: NJ
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Zip/Postal Code: 07501-1602
Details
Updated on September 2, 2026 at 6:42 pm-
Property ID HZ4043571
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Price $999,500
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Property Size 4560 Sqft
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Land Area 0.17 Acres
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Bedrooms 12
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Rooms 16
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Bathrooms 4
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Year Built 1970
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Property Type Residential Income
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Property Status Active
Additional details
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Roof Asphalt Shingle
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Utilities Gas-Natural
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Sewer Public Sewer
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Cooling Window A/C(s)
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Heating Baseboard - Hotwater
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County Passaic
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Property Type Residential Income
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Architectural Style 2-Two Story
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