317-319 Richmond Street Plainfield, NJ 07060
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyUnion
- Taxes$11,255
- HOA/Condo/Coop Fees$0
- Days on Site45 Days
- MLS StatusActive
- MLS ID Number22418132
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.07 Acres
- Full Baths5
- Partial Baths3
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General Features
- Parking On StreetDirect AccessHeated GarageOversizedWorkshop in Garage
- Sewer Public Sewer
- Basement OtherFull
- Number of Stories 2
- Acreage 0.07
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 2
- Attached Garage Yes
Interior Features
- Cooling Multi Units
- Heating See Remarks
- Fireplaces 0
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- MLS Area None