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317 Richmond St
Plainfield City NJ 07060-1864 US

$1,590,000

Active Listing ID 3924755
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8 bed
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4.00 Bath (4 Full)
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Other

$1,590,000

Active Listing ID 3924755
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317 Richmond St 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Roof Type: Asphalt, Shingle
  • Heating Fuels: Baseboard

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1590000
  • unparsedaddress: 317 Richmond St
  • postalcity: Plainfield City
  • stateorprovince: NJ
  • country: US
  • postalcode: 07060-1864
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.623058
  • longitude: -74.414925
  • listagentfullname: LAWRENCE VECCHIO
  • listagentemail: larry@bhnj.com
  • listagentkey: 3yd-GSMLSNJ-252012
  • listagentmlsid: 252012
  • listagentpreferredphone: 8005312885
  • listagentofficephone: 8005312885
  • listofficekey: 3yd-GSMLSNJ-2112
  • listofficemlsid: 2112
  • disclaimer: Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMLSNJ
  • listingcontractdate: 2024-09-18
  • listagenturl: http://www.betterhomes.com
  • countyorparish: Union
  • constructionmaterials: Stucco
  • heating: Baseboard
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Asphalt, Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.414925, 40.62306
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Better Homes Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"larry@bhnj.com", "ListBrokerageCity":"Hazlet", "ListBrokerageCountry":"US", "ListBrokerageEmail":"larry@bhnj.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GSMLSNJ/53be9b71ac2a11e18c971231381711c1/20120618201025393.png", "ListBrokerageName":"Better Homes Realty", "ListBrokeragePhone":"800-531-2885", "ListBrokeragePostalCode":"07730", "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3400 Hwy 35", "ListBrokerageWebsiteUrl":"http://www.betterhomes.com", "ListOfficeAddress1":"3400 HIGHWAY 35", "ListOfficeAddress2":"-", "ListOfficeBrokerMlsId":"252012", "ListOfficeCity":"HAZLET", "ListOfficeCountry":"US", "ListOfficeEmail":"larry@bhnj.com", "ListOfficePostalCode":"07730", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"2-Two Story, See Remarks, Multi-Family - Plainfield City, NJ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/317-Richmond-St_N-Plainfield_NJ_07060_M96655-99728?f=listhub&s=GSMLSNJ&m=3924755&c=rexren", "MLSModificationTimestamp":"2024-09-18T16:24:05Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":18, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11254, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:43:18 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: LAWRENCE VECCHIO, VRI HOMES, larry@bhnj.com

Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.