78 E 13TH ST, PATERSON, NJ 07524

Presenting an exclusive, off-market opportunity for a strategic cash buyer. This versatile property in Paterson is primed for an investor seeking a building with strong income potential from a combination of commercial and residential tenants. Property Highlights: · Mixed-Use Asset: Features a well-established restaurant on the 1st floor with additional rental units above. · Strong Income Stream: The property is configured to generate significant rental income from multiple tenants. · Value-Add Potential: An owner-operator could further maximize returns by taking over the lucrative restaurant space. Unit Breakdown & Rental Income: · 1st Floor: Restaurant - $2,500/Month · 1st Floor: Additional Unit - $1,500/Month · 2nd Floor: Two Units (Left: $2,000 | Right: $2,000) - $4,000/Month Total · Attic Level: Four Rooms @ $500 each - $2,000/Month Total >> Potential Gross Monthly Rent: $10,000 << Financial Overview: · Asking Price: $850,000 · Earnest Money Deposit (EMD): $5,000 due upon contract signing. · Notable Annual Expenses (Provided for Evaluation): · Taxes: $13,002.76 · Electric/Common: $3,600 · Water: $1,200 · Sewer: $1,000 This is a turnkey investment for a serious cash buyer looking to acquire a cash-flowing asset with an immediate and diversified tenant base. The $5,000 EMD requirement allows for a swift and straightforward acquisition process. This is an unlisted deal. For complete details and to schedule a private showing, please contact me directly.