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12 Beds
8 Baths
4,800 sqft

$999,500

165 Godwin Ave, Paterson City NJ, 07501

Price per sqft$208.23
Built in1970
Property size4,800 sqft
Property typeMulti-family

Overview

Active

Listed Jul 22, 2026

Updated 2 days ago

Don't miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120,000 in annual gross rental income and offers an impressive 7.5% cap rate, making it an excellent addition to any investment portfolio.Each spacious unit offers approximately 1,200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow.Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks.

$6,650/mo

Est. mortgage payment based on a $999,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4043571

Interior Features

Bedrooms
12
Bathrooms
8
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$17,882
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of COLDWELL BANKER REALTY with MAIKOL PUEBLA,
Listing Contact: 2014459400 

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