Courtesy Of NICHOLAS REAL ESTATE AGENCY, 973-340-1202
Commercial in Paterson City
Recently renovated 4 units commercial property with 3 fully rented residential apartments (total current rent $4,800.00/mo) and a VACANT store ready for a Laundromat business with 35 licenses for washers & dryers that expired December 2022, and parking for 3 cars in the back. The last Certificate of Inspection from the State was done on 2/23/2021. CAP is over 7% with a potential store rent of $2K/month.
Courtesy Of NICHOLAS REAL ESTATE AGENCY, 973-340-1202