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$1,350,000
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Property Description
Discover a unique 8-unit garden-style multifamily property that stands apart from the rest! Situated on the border of the Wrigley Park and East Side neighborhoods, this well-maintained asset offers tremendous curb appeal, a very attractive option for local renters. With minimal deferred maintenance, investors can cash flow from day one, while still unlocking additional value through strategic management and improvements. Boasting a thoughtful unit mix, each apartment is spacious and well laid out, catering to tenant comfort and long-term occupancy. Whether you're an investor looking for a stable income-producing property or seeking an opportunity to enhance returns throughout repositioning, this property delivers both reliability and upside for its next owner.
Full Property Details
Full Property Details for 557-565 23rd St
General
- Sold For: $1,350,000
- Status: Closed
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250002501
- Added to Site: 386 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Location
- Area: Paterson
- County: Passaic
- Location Details: East 22nd and 24th
Heating & Cooling
- Heating Fuel: Electric
Lot Features
- Lot Size: 136X100
- Lot Dimensions: 136 x 100
- Lot Description: 30
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Lead Paint Discl.: Yes
- Block: 3405
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Schools
Schools serving 557-565 23rd St
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 557-565 23rd St
Date
Details
Price
Change
Source
3/31/2025
Sold
$1,350,000
—
MLS
2/06/2025
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
557-565 23rd St, Paterson, NJ 07514 (MLS# 250002501) is a Commercial property that was sold at $1,350,000 on March 31, 2025. Want to learn more about 557-565 23rd St? Do you have questions about finding other Commercial real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

