262 Harrison St, Paterson City, NJ 07501-1317

Renovated Paterson Multifamily with Finished Basement, Bonus Attic Space & Income PotentialA rare opportunity for investors or owner-occupants, this versatile Paterson multifamily combines income-producing potential, extensive renovations, and flexible living space in a surprisingly quiet setting.

Tucked away on a one-way dead-end street with limited traffic, the property offers added privacy while remaining close to everyday conveniences. The first-floor unit features 2 bedrooms, 1 full bath, kitchen, dining room, and living room. The second floor was substantially renovated last year and offers 4 bedrooms, 1 full bath, an updated kitchen, newer flooring, and extensive interior improvements, creating a fresh, modern living environment.

The finished basement, renovated approximately two years ago, adds tremendous value with a full kitchen, bathroom, separate access, and multiple bonus rooms ideal for flexible use. The attic provides two additional bonus rooms, adding even more storage and versatility.

Upper levels also benefit from newer wall-mounted heating and cooling systems. With no HOA, multiple kitchens, significant improvements already completed, and additional usable space throughout, this property offers an exciting combination of current income potential and future upside.