80 Madison St, Paterson City, NJ 07501

Property Description

BRAND NEW 6-UNIT An exceptional opportunity for both first-time and seasoned investors! This newly constructed 6-unit building features six spacious 2-bedroom apartments, thoughtfully designed with modern, open-concept layouts. Each unit offers a generous living and dining area, kitchen, two bedrooms, and a full bathroom.Two apartments per floor, a common area for shared tenant use, and finished basement with laundry hook up. This property offers a functional and attractive layout. Seller in process of getting a 30-year tax abatement, which offers the potential for significant property tax savings. Whether you're looking to begin building your real estate portfolio or expand an existing one, this property offers an exciting opportunity for long-term investment and rental income potential.