248 E 9th St,Plainfield City, NJ 07060
Plainfield City, NJ 07060
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!
Details
| MLS # | 3970173 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 1948 |
| Days On Site | 458 |
| Listing Provided By | CORCORAN SAWYER SMITH | ILYA RASHKOVSKIY |
Features
| Garage | 9 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 6 |
| Zoning | R-CA |
Taxes
| Property | 17464 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Union |
| City | Plainfield City |
| Zip Code | 07060 |
| Area | Union |
| Listing VS Median (in 07060) | |
Price: $1,500,000 low | high Med: $537,000 On site: 458 low | high Med: 47 | |
Market Activity 07060
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Learn More About This Property
| State | NJ |
|---|---|
| County | Union |
| City | Plainfield City |
| Zip Code | 07060 |
| Area | Union |
| Listing VS Median (in 07060) | |
Price: $1,500,000 low | high Med: $537,000 On site: 458 low | high Med: 47 | |
 | $1,300,000E 9th StPlainfield City, NJ 07060 |