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Ataullah Barnes

ataullah@rogprodigy.com +1(973) 277-2575

$1,500,000

Est. payment - /mo

7,317 SqFt

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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

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Ataullah Barnes

+1(973) 277-2575

Broker | License ID: 0454603

Broker License ID: 0454603

248 E 9Th St Plainfield City, NJ 07060

Ataullah Barnes

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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NEARBY SCHOOL & BUSINESS

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248 E 9Th St