Courtesy of: Marc A Sorrentino, VRI Homes, marcsorrentino@gmail.com
Courtesy of: Marc A Sorrentino, VRI Homes, marcsorrentino@gmail.com
$1,590,000
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10 bed
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8.00 Bath (5 Full , 3 Half)
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Lot: 0.07 Acres
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Other
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$1,590,000
317-319 Richmond Street 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.
Courtesy of: Marc A Sorrentino, VRI Homes, marcsorrentino@gmail.com
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