Plainfield, NJ 07060,317319 Richmond Street
Plainfield, NJ 07060,317319 Richmond Street
Plainfield, NJ 07060,317319 Richmond Street
Plainfield, NJ 07060,317319 Richmond Street
Plainfield, NJ 07060,317319 Richmond Street
Plainfield, NJ 07060,317319 Richmond Street
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$ 1,590,000
Est. payment | /mo

10 Beds

8 Baths

5,183 SqFt


Save
$ 1,590,000
Est. payment | /mo
Save

10 Beds

8 Baths

5,183 SqFt

Key Details

Property Type Multi-Family

Sub Type Four Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,183 sqft

Price per Sqft $306

Municipality Plainfield (PLF)

MLS Listing ID 22418132

Bedrooms 10

Full Baths 5

Half Baths 3

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Annual Tax Amount $11,255

Tax Year 2023

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 29 x 100

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 $6,000 per month. $2,700 CAM every quarter.

Triple Net property. 12% cap rate.

Location

State NJ

County Union

Area None

Direction 317 Richmond Street, Plainfield, NJ Property is on corner. Multiple buildings on single block and lot. See photos.

Rooms

Basement Other, Full

Interior

Heating See Remarks

Cooling Multi Units

Exterior

Garage On Street, Direct Access, Heated Garage, Oversized, Workshop in Garage

Garage Spaces 2.0

Waterfront No

Parking Type On Street, Direct Access, Heated Garage, Oversized, Workshop in Garage

Garage Yes

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 12-00304-0000-00013

Monmouth Ocean MLS (MOMLS)
Listed by VRI Homes

GET MORE INFORMATION

Summit Tognetti

Realtor | Lic# 1754038

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317319 Richmond Street