50 Cianci Street
50 Cianci Street
$650,000
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Sold 3/11/22
Description
Mixed use opportunity (4 apartments and 1 retail) in the heart of downtown Paterson. 6 bedrooms and 4 full baths total. Great for both an owner occupant with a business on the ground floor or an investor looking for value add. Under market value rents grossing $48,882. Separate utilities yielding a 7% cap rate. 2 water heaters replaced in 2018, 1 replaced this year. 5 year old furnaces. Roof replaced 5 years ago. All tenants are in good standing with month-to-month agreements. Please note there's...Mixed use opportunity (4 apartments and 1 retail) in the heart of downtown Paterson. 6 bedrooms and 4 full baths total. Great for both an owner occupant with a business on the ground floor or an investor looking for value add. Under market value rents grossing $48,882. Separate utilities yielding a 7% cap rate. 2 water heaters replaced in 2018, 1 replaced this year. 5 year old furnaces. Roof replaced 5 years ago. All tenants are in good standing with month-to-month agreements. Please note there's a large clean basement with plenty of storage. Property is being sold as is with lots of extras.
- Listed by Omar Fernandez • JMichaels Realty, Oradell
Property Details for 50 Cianci Street
Style
Res/Com Mixed
Sub styleRtl/Apt
Location
LISTING UPDATED: 03/13/2022 10:58 AM
Property Details for 50 Cianci Street
Status | Sold |
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MLS # | 20050834 |
Days on Market | 189 |
Taxes | $18,305 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Mixed Use / Res/Com Mixed |
Year Built | - |
Lot Size | - |
County | Passaic County |
Location
Building Information for 50 Cianci Street
Stories-Residences4Year Built-Lot Size-
Payment Calculator
$5,073 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 50 Cianci Street
Property History for 50 Cianci Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 50 Cianci Street
Taxable ValueLand$64,000Additions$396,200Total$460,200
Tax Record2022$21,362 ($1,780 / month)
Home Facts
Total Finished SqFt6,730 SqFtAbove Grade Finished SqFt6,730 SqFtStories3Lot Size2,500 SqFtStyleMiscellaneous CommercialZoningGFHDCountyPASSAICAPN08 04608-0000-00009
Schools near 50 Cianci Street
This home is within Paterson Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | PK to 3 | |||
Public - | PK to 5 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Dale Avenue Elementary School PublicPK to 2 | ||
Edward W. Kilpatrick Elementary School PublicPK to 3 | ||
School 15 PublicPK to 5 | ||
School 2 PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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