317319 Richmond Street
Plainfield, NJ 07060
10 beds | 6.5 baths | 0.07 acres | #22418132
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.
Property Details
- Parking FeaturesOn Street, Direct Access, Heated Garage, Oversized, Workshop in Garage
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Cooling FeaturesMulti Units
- BasementOther, Full
- Property SubtypeFour Family
- MLS #22418132
- MLS #22418132
- Cost1590000
- Parking TypeGarage
- Utility SourcePublic
- CountyUnion
- Acres0.07
- Bathrooms6.5
- Bedrooms10
- Cooling1
- Full Baths5
- Half Baths3
- Parking1
Location
Legal
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Last Updated: . Source: MONMOUTH
Listing Courtesy
Listing Agent: Marc A Sorrentino (#41111)
Listing Office: VRI Homes (#138)
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