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! Reduced because personal matters,(not because the property was overprice) TAKE ADVANTAGE AND MAKE IT YOURS NOW...!!!
Features of 40 Manchester Ave
| MLS® # | 4041532 |
|---|---|
| Price | $810,000 |
| 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 |
|---|---|
| Days on Market | 84 |
Listing Details
| Office | PROMISE LAND REALTY |
|---|---|
| Contact Info | 973-253-7330 |