For Sale Multi-Family MLS# 4049686

154 Butler St

Paterson City, NJ 07524

$670,000

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About 154 Butler St

Turnkey 3-Family Home The Perfect Live-in InvestmentWelcome to your new home and smart financial future! This completely renovated three-family property offers the perfect blend of modern comfort and effortless income. Each of the three private units features a thoughtful layout with 2 bedrooms and 1 bathroom, making them highly desirable for renters.Say goodbye to management headaches! The property is designed for efficiency, with separate meters and boilers for each apartment. This means tenants are responsible for their own utilities, streamlining your responsibilities and maximizing your profit.Live in one beautiful unit and let the other two generate significant rental income, providing a powerful way to offset your mortgage or build long-term wealth. This is more than just a home, it's an intelligent path to financial freedom. Don't miss this rare opportunity to own a fully updated, income-producing property. Buyer can get the assumable mortgage with 5.47% interest rate ,The buyer takes over the remaining balance, monthly payment.Total yearly income $64680 & Total yearly expenses $ 9400.Don't miss this opportunity.

Property details

Property

Type
multi
Year built
1939
Lot
0.04 ac
List date
Aug 31, 2026

Schools

District
Paterson City School District

Location

Subdivision
Riverside
Neighborhood
Riverside

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Listed by COLDWELL BANKER REALTY

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.