For Sale Multi-Family MLS# 4056877

94 Manchester Ave

Paterson City, NJ 07502

$469,900

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About 94 Manchester Ave

2-Unit Multi-Family with Strong Cash Flow & Upside Potential. This income-producing 2-family property offers immediate rental income with additional upside in a convenient location. The building includes three separate units: a 3-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, and a finished 2-bedroom, 1-bath basement apartment ideal for maximizing rental potential. The basement unit adds further income potential, making this a strong opportunity for investors seeking both cash flow and future growth.Each unit features a functional living and kitchen layout, with refrigerators and microwaves included. The basement unit benefits from its own split AC system, while upper units utilize window units. There is no on-site parking, with street parking available, and a shared backyard area offers outdoor space for tenants. Whether you're expanding your portfolio or looking for a multi-unit with built-in upside, this property delivers a compelling mix of current income, tenant stability, and value-add potential.

Property details

Property

Type
multi
Year built
1939
Lot
0.06 ac
List date
Oct 5, 2026

Schools

District
Paterson City School District

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Listed by EXP REALTY, LLC

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.