1 Graham Ave, Paterson, NJ 07524

Property Description

2-family property in the Riverside section of Paterson. Each unit has been updated with modern kitchens featuring stainless steel appliances including gas stove, microwave, tile floors, and backsplash. The first-floor unit offers Pergo flooring throughout, a pantry, and exclusive access to a partially finished basement with laundry hookups, along with exclusive use of the backyard and 3-car garage. Long-term tenants on this floor are on a month-to-month lease and consistently pay rent on time. The second-floor unit includes a large eat-in kitchen with plenty of natural light, similar finishes and appliances, a pantry, 3 bedrooms, spacious living room with closet, and an additional storage room. Utilities are separate tenants responsible for their own PSEG (electric/gas), while the owner pays water, sewer, and insurance. The property is located near local shops, parks, restaurants, and public transportation. The neighborhood features a mix of residential and light industrial properties, providing convenient access to major roadways. Property is sold occupied, providing immediate rental income. Tenant payment history and lease terms can be provided upon request. Suitable for investors or buyers interested in living in one unit while renting the other. Don't wait—set your appointment today.