40 Manchester Ave, Paterson City, NJ

$839,000

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10

Beds

4

Baths

0.11

Acres

About 40 Manchester Ave

Excellent investment opportunity with great income potential! This property features two additional units that can help cover the mortgage payment, making it an ideal choice for both investors and owner-occupants looking to generate cash flow, or just live there. The property offers 10 spacious parking spaces, a highly valuable feature for residents and tenants. Additionally, it boasts a fully finished basement with excellent potential to generate extra income, or to be used as a large storage area. The building is up to date with all local and state inspections, with no pending inspections, providing peace of mind to the buyer for 5 more years. The second-floor apartment is currently vacant and will remain so to facilitate the purchase, offering the flexibility to occupy it immediately or select your own tenant and maximize the rental potential. Don't miss out on this excellent opportunity to acquire a property with multiple income streams and great appreciation potential! REDUCE FOR A FASTER SALE, TAKE ADVANTAGE AND MAKE IT YOUR NOW...!!!

Features of 40 Manchester Ave

MLS® # 4041532
Price $839,000
Bedrooms 10
Bathrooms 4.00
Full Baths 4
Acres 0.11
Year Built 1940
Type Multi-Family
Style 3-Three Story
Status Active

Community Information

Address 40 Manchester Ave
City Paterson City
County Passaic
State NJ
Zip Code 07502-2102

Amenities

Utilities Electric, Gas-Natural
Parking Spaces 12
Parking 1 Car Width, Blacktop
Garages None
Has Pool No

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Marble Floors, Parquet Floors, Smoke Detector
Heating Gas-Natural
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Vinyl Siding
Roof Asphalt Shingle

Additional Information

Date Listed July 17th, 2026

Listing Map

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