$1,590,000
For Sale

317319 Richmond Street

Plainfield, NJ 07060
10 beds | 6.5 baths | 0.07 acres | #22418132
Browse 20 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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.

  • Interior Details
      • Cooling FeaturesMulti Units
      • Cooling1
    • Beds & Baths
      • Bathrooms6.5
      • Bedrooms10
      • Full Baths5
      • Half Baths3
  • Property Details
      • Acres0.07
    • Parking
      • Parking FeaturesOn Street, Direct Access, Heated Garage, Oversized, Workshop in Garage
      • Parking TypeGarage
      • Parking1
  • Construction Details
      • Property TypeMulti-Family
      • BasementOther, Full
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyUnion
  • Other
      • MLS #22418132

Location

Legal

© Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: . Source: MONMOUTH

Listing Courtesy
Listing Agent: Marc A Sorrentino (#41111)
Listing Office: VRI Homes (#138)

Lisette CintronReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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    © Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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