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$ 1,500,000
Est. payment /mo
Under Contract
248 E 9Th St Plainfield City, NJ 07060
7,317 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 7,317 sqft
Price per Sqft $205
MLS Listing ID 3970173
Year Built 1948
Annual Tax Amount $17,464
Tax Year 2024
Property Description
Incredible Investment Opportunity in Prime Location! This rare FULLY VACANT 6-family property presents an unbeatable chance to own a high-yield asset in a desirable neighborhood. The building features a total of six spacious units comprised of two 4-bedroom apartments and four 3-bedroom apartments providing strong rental income potential and appealing to a broad tenant base.One of the standout features of this property is the six-car garage, a valuable amenity that's increasingly hard to find. In addition to the garage, the property offers ample parking, making it ideal for tenants and adding to its long-term value.Whether you're an investor looking to expand your portfolio or a developer seeking your next project, this property offers incredible upside. Sold strictly as-is, the buyer will be responsible for obtaining all necessary permits and approvals. With some updates and vision, this property could become a top-performing asset in your real estate portfolio.Don't miss out on this unique opportunity to own a multi-family property with serious income potential and plenty of parking!
Location
State NJ
County Union
Zoning R-CA
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Equipment Appliances
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks
Garage Spaces 9.0
Utilities Available Gas-Natural
Roof Type Flat
Building
Story 3
Sewer Public Available
Water Public Water
Others
Ownership Fee Simple
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Listed by CORCORAN SAWYER SMITH