317319 Richmond Street Active Save Request In-Person Tour Request Virtual Tour
Plainfield,NJ 07060
Key Details
Property Type Multi-Family
Sub Type Four Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,183 sqft
Price per Sqft $306
MLS Listing ID 22418132
Bedrooms 10
Full Baths 5
Half Baths 3
Annual Tax Amount $11,255
Tax Year 2023
Lot Size 3,049 Sqft
Property Sub-Type Four Family
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 $5,000 per month. $500 CAM every month.
Triple Net property. 13% cap rate.
Location
State NJ
County Union
Area None
Interior
Heating See Remarks
Cooling Multi Units
Exterior
Parking Features On Street,Direct Access,Heated Garage,Oversized,Workshop in Garage
Garage Spaces 2.0
Building
Sewer Public Sewer
Water Public
New Construction No