225 Summer St Paterson City, NJ 07501

Multi-Family (2-4 Units) MLS #: 3927736 Courtesy Of Keller Williams City Life JC

$575,000

6 beds | 4 baths | 1 half baths
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Est. Property Tax: $2,113
Estimated monthly payments: $2,690/mo.* (recalculate)

Property InformationDescription

Welcome to 225 Summer St, a modern investment opportunity in the heart of Paterson! Built in 2018, this property features two spacious units, perfect for generating steady rental income.Unit 1 is a duplex with 3 bedrooms, 2.5 bathrooms, and a thoughtful layout that balances comfort and privacy. Unit 2 offers 975 sq. ft. of living space, with 3 bedrooms and 2 bathrooms ideal for various tenant needs. Both units are currently occupied by long-term tenants, generating a robust monthly rental income of $5,000.This property also boasts valuable features, including solar panels for energy savings and an attached garage, providing secure parking and additional convenience. Whether you're an investor or looking to own an income-generating property, 225 Summer St is an excellent choice. Don't miss the opportunity to make this high-yielding, low-maintenance property your own!
MORTGAGE CALCULATOR

Features

  • Age: 6-10 Years Old
  • Amenities: Dock
  • Appliances: Oven - Gas, Range, Refrigerator
  • Architecture Style: Other
  • Exterior Type: Vinyl Siding
  • Lot Size: 0.06 Acres
  • Roof Type: Asphalt
  • Rooms: Dining Room, Kitchen, Living Room

MAP & DIRECTIONS

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225 Summer St, Paterson City, NJ 07501
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School Information

225 Summer St, Paterson City, NJ 07501

Other Nearby Schools Distance Type Grades School Rating
Senator Frank Lautenberg School 0.1 mi Public KG-8 F
Edward W. Kilpatrick 0.2 mi Public PK-3 D-
Alexander Hamilton Academy 0.3 mi Public KG-8 D-
School Of Earth And Space Science 0.3 mi Public 9-12 C-
Norman S. Weir 0.4 mi Public KG-8 C-
Alternative High School 0.4 mi Public 6-12
School Of Information Technology 0.4 mi Public 9-12
School Of Culinary Arts Hospitality And Tourism 0.4 mi Public 9-12
School Of Government And Public Administration 0.4 mi Public 9-12
School Of Health Science 0.5 mi Public 9-12 D
Roberto Clemente 0.5 mi Public KG-5 D
Dale Avenue 0.5 mi Public PK-2
School 10 0.5 mi Public KG-8 D-
School 28 0.5 mi Public PK-8 B+
Newcomers 0.6 mi Public 3-10 C+
New Roberto Clemente 0.6 mi Public 6-8 C-
School 15 0.6 mi Public PK-5 D+
Rev. Dr. Frank Napier Jr. School 0.6 mi Public 1-8 D+
School 13 0.6 mi Public KG-8 F
School 21 0.7 mi Public PK-8 D-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Paterson, NJ 07501

Median Age: 33.4
Married: 30%
Number of Households: 12,162
Households with Children: 39.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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