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Asking Price: $195,000

After Repair Value: $320,000

195 Preakness Ave
Paterson, NJ 07502

Property Type: Single Family

Beds: 5

Baths: 2.0

Sq Ft: 2200

Duplex with Commercial First Floor!

This is a cash flow monster with taxes only $7,000.

1st Floor is currently rented at $1,200 and is a bar. Unit has womens and mens baths.

2nd Floor isa 3 bed, 1 bath just vacant. Past rent was $1,000 per month.

3rd Floor is 2 bedrooms, 1 bathroom. Currently rented at $600 per month (not behind).

The property is in good shape overall. There are updates that could be done but not mandatory. Property is cashflowing positve as is.


**CALL OR TEXT 856-209-3511**

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