$1,395,000

317 Richmond St, Plainfield City, NJ 07060

  • 10 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Listing Office:
VRI HOMES : 800-531-2885
MLS ID:
3941348
  • Basement: Unfinished
  • A/C: Window A/C(s)
  • Heating: Forced Hot AirGas-Natural

This listing courtesy of VRI HOMES

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dewitt D. Barlow Elementary School

E Front St & Farragut Rd, Plainfield, NJ, 07060

Grades KG-5

0.51 miles away

M

Maxson Middle School

920 E 7th St, Plainfield, NJ, 07062

Grades 6-8

0.62 miles away

P

Plainfield High School

950 Park Ave, Plainfield, NJ, 07060

Grades 9-12

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.