116 Belmont Ave, Paterson City, NJ

About 116 Belmont Ave

THIS IS A MIXED-USE PROPERTY. THERE WAS A LAUNDRYMAT OPERATING ON THE FIRST FLOOR, BUT THE MACHINES WERE REMOVED. EVERYTHING IS NOW READY TO HOOK UP 20 WASHERS AND 20 DRYERS. NEW CENTRAL AC/HEAT INSTALLED. THIS IS AN OPPORTUNITY FOR SOMEONE WHO WOULD LIKE TO START A LUCRATIVE BUSINESS. ALSO FEATURES 2 NICELY KEPT APARTMENTS ON THE SECOND AND THIRD FLOORS. (SEE DETAILS IN UNIT INFORMATION SECTION). THE DRIVEWAY, THE SIDING, AND THE ROOF ARE NEW. YOU HAVE TO SEE TO APPRECIATE SO MANY IMPROVEMENTS RECENTLY DONE. TAKE ADVANTAGE OF THIS HUGE PRICE REDUCTION...!!! DUE TO FIRST FLOOR VACANCY, MORTGAGE COMPANIES ARE ASKING AT LEAST 30% DOWN PAYMENT. THEREFORE, THE SELLER IS ONLY ACCEPTING CASH OR CONVENTIONAL OFFERS WITH A 30%DOWN PAYMENT.

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