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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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69 Graham Ave , Paterson City, NJ 07524
$699,900
Est. Payment: $3,604.50/mo
11 Bed
3 Bath
3207 Sqft
Status: Under Contract | Days on site: 41
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Susan Maryanski
Operator

House Description

Acquire a Stabilized, High-Performing Multifamily Asset in the Heart of Paterson. This fully occupied legal 3-family features 11 bedrooms, 3 full baths, and over 3,200 square feet of income-producing real estate. All three units are leased at market rents to established tenants, providing immediate, reliable cash flow from day one. Recent capital improvements, including renovated second and third floor units, updated utilities, and a new roof (2021), significantly reduce near-term capital expenditures, making this a true turnkey investment. A full unfinished basement offers future value-add potential, while the property's location in one of Paterson's strongest rental markets supports long-term appreciation and consistent occupancy. Whether you're expanding your portfolio or completing a 1031 Exchange, this is more than a multifamily property it's a performing asset designed to generate stable income and long-term returns. Property is being sold strictly As-Is, Where-Is with tenants in place. Seller will make no repairs or provide credits. All inspections are for the buyer's informational purposes only.

Highlights

Listed by SOL CASTANOS , MP REALTY ONE GROUP LEGEND , 973-772-0660. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1900

County

Passaic

Listing ID

4042118

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:11
  • Bathrooms:3
  • Full Bathrooms:3
Basement:Bilco-Style Door,Full,Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:25X100
Roof:Flat
Others:
  • Additional:Vinyl Siding, On-Street Parking
Sewer:Public Sewer
Principal Interest
$3,605
Taxes
$1,016

Home Price

$699,900

Loan Details

30 yrs
6.677%

Down Payment

20%
$139,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,604.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,604.50 $1,016.25 $0.00 $4,620.75
Yearly $43,254.03 $12,195.00 $0.00 $55,449.03
Total $1,297,620.80 $365,850.00 $0.00 $1,663,470.80

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

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Market insight data is pulled from the same city as the listing being viewed (Paterson City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-05T10:59:24.000Z

© 2026 Garden State MLS