$625,000

425 John St 3, Plainfield City, NJ 07060

  • 6 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

**LOW TAXES AND HIGH INCOME** **Property is a legal two family with a bonus attic space being rented out** Semi attached to another two family, which is 427 John St with a separate deeds. New 2023 remolded Updated Section 8 Multi Family Rental Property. Great ROI for investors portfolio to receive monthly guaranteed Passive Income. Section 8 Tenants pay their own utilities electric, Gas and even water. Camera Security System installed. 1 New Furnaces, 2 new Hot Water Heaters, New Kitchen Cabinets, Sink, Faucet, Fridge, Stove. New Gray Laminated Floors, New Windows, New Doors and Locks, New Paint, New Bathrooms, New Carpet, New Light Fixtures etc. RentsSection 8: 1st floor 2-Bedroom 1 Bathroom $1,926 a Month Standard Condition but Newly Remodel Cabinets, Sink and repaired plumbing.Section 8: 2nd floor 3-Bedroom 1 Bathroom $2,600 a Month. Newly Renovated Attic ApartmentRoom rental is vacant but can be rented at $1700 a month. Total rent role will be $6,000 a month once upstairs is rented $72,00 a year NET! **property being sold as-is** **pictures are old pictures taken after renovation prior to the tenants moving in**

Listing Status:
Active
Listing Office:
EXP REALTY, LLC : 866-201-6210
MLS ID:
3964641
  • General: Carbon Monoxide DetectorFire ExtinguisherMarble FloorsSecurity SystemSmoke DetectorVinyl-Linoleum Floors
  • Basement: FullUnfinished
  • A/C: See Remarks
  • Heating: 2 UnitsBaseboard - Cast IronBaseboard - ElectricMulti-ZoneElectricGas-Natural

This listing courtesy of EXP REALTY, LLC

Location

Schools Nearby

W

Washington Community School

427 Darrow Ave, Plainfield, NJ, 07060

Grades PK-5

0.21 miles away

H

Hubbard Middle School

661 W 8th St, Plainfield, NJ, 07060

Grades 6-8

0.28 miles away

P

Plainfield High School

950 Park Ave, Plainfield, NJ, 07060

Grades 9-12

0.79 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.

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