317-319 Richmond St
plainfield, NJ 07060$1,395,000
- 10 BR5 BA, 3 HALF BAAPPROX. 5,183 SF
- contract signed
INTERESTED? LET'S CONNECT
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.
Details
5,183 Sq Ft
3,049.2 Sq Ft Exterior Space
Investment
$11,255 Annual Tax
MLS/Listing ID 22418132
2 Stories
4 Units
Amenities & Features
Parking - Heated Garage
Cooling - Multi-split AC
Parking - Workshop in Garage
Parking - Oversized
Parking - On Street
Listing Courtesy of VRI HOMES, MARC SORRENTINO - 732-264-9593
Source of Data: MONMOUTH OCEAN REGIONAL MULTIPLE LISTING SERVICE