197 North Ave
Property Description
Located directly across from Plainfield Station, this 10-unit mixed-use investment property offers strong in-place cash flow and long-term upside in one of Plainfield?s key transit-oriented redevelopment areas. The property consists of 7 large 3-bedroom, 1-bath apartments and 3 commercial units, providing diversified income and strong rental appeal. With excellent visibility, immediate NJ Transit access and ongoing public and private investment throughout the downtown North Avenue corridor, this property presents a compelling opportunity for investors seeking both current income and future growth.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $2,300,000 |
| No. of Units: | 4 |
| Year Built: | 1894 |
| Lot Size: | 9,120.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $575,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 20 |
| Number of Bathrooms: | 8 |
ID: 3yd-GSMLSNJ-4057747
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