317-319 Richmond Street
$1,590,000
10
5,183
5,183
$307
Pending
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...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.
- Listed by Marc A Sorrentino • VRI Homes • 800-531-2885
Property Details for 317-319 Richmond Street
Complex/Subdivision
None
New ConstructionNo
WaterviewNo
Directions317 Richmond Street, Plainfield, NJ Property is on corner.Multiple buildings on single block and lot.See photos.
LISTING UPDATED: 12/16/2024 02:35 PM
Property Details for 317-319 Richmond Street
Status | Pending |
---|---|
MLS # | 22418132 |
Days on Market | 57 |
Taxes | $11,255 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Four Family |
Year Built | - |
Lot Size | 0.07 AC / 3,049 SF |
County | Union County |
Building Information for 317-319 Richmond Street
Stories2Residences4Year Built-Building Size-Lot Size0.07 AC / 3,049 SF
Property Information for 317-319 Richmond Street
Property History for 317-319 Richmond Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 317-319 Richmond Street
This home is within Plainfield Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Dewitt D. Barlow Elementary School PublicK to 5 | ||
Maxson Middle School Public6 to 8 | ||
Plainfield High School Public9 to 12 | ||
Pinnacle Academy High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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