154 Butler St
Paterson City, NJ 07524
Price: $699,000
GSMLS: 4019403Type: Multi-Family
Style: 3-Three Story, Triplex
Total Units: 3
Beds: 6
Baths: 3 Full
Garage: No
Year Built: 1939
Acres: 0.04
Property Tax: $7,600
Description
Turnkey 3-Family Home The Perfect Live-in Investment with 8% cap rate Welcome 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.Seller open for assumable mortgage 5.47%
General Info
Style:
3-Three Story, Triplex
SqFt Building:
n/a
Total Rooms:
18
Basement:
Yes - Finished, Partial
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X72
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
None, See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Family Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Family Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Family Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$699,000
Tax Amount:
$7,600
Land Assessment:
$122,600
Build. Assessment:
$505,700
Total Assessment:
$628,300
Tax Rate:
5.34
Tax Year:
2026
Listing Information
MLS ID:
4019403
List Date:
04-08-2026
Days On Market:
0
Listing Broker:
COLDWELL BANKER REALTY RDG
Listing Agent:
Sylvia Eskander
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: WillowWalkCondos.com
