317-319 Richmond Street Plainfield, NJ 07060

$1,590,000
10
Beds
5.3
Baths
0.07
Acres
5,183
SQFT
307
$/SQFT
$1,590,000
10
Beds
5.3
Baths
5,183   sf
$307 / sf
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active
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Union
  • Area
    Plainfield
  • Tax Amount
    $11,255
  • Status
    Active
  • Listing #
    22418132
  • Lot Size
    0.07
  • Listed on site
    125 days
  • Listing Agent Phone
    (732) 264-9593

Listed by:
VRI Homes

Listing provided by Monmouth Ocean Regional MLS.
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool
  • Basement

Style

  • Two Story
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