317 Richmond St Active Save Request In-Person Tour Request Virtual Tour
Plainfield City,NJ 07060
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $283
MLS Listing ID 3924755
Style 2-Two Story, See Remarks
Bedrooms 8
Full Baths 4
Annual Tax Amount $11,254
Tax Year 2023
Property Description
Cash cow and cash flow positive investment property located in Plainfield, NJ. Four apartments and 1 commercial space. Three of the apartments have been totally renovated within the last two months. Apartment 1 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 2 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 3 is thre bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 4 is three bedrooms and one full bathroom. Occupied. $2,200 per month. Tenant pays electric and gas. Garage has two bays and is leased for $6,000 per month. $2,700 CAM every quarter. Triple Net property. 12% cap rate.
Location
State NJ
County Union
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Exterior
Exterior Feature Stucco
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available All Underground, Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Water Public Water