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$1,395,000
Est. payment /mo
10 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3941348
Style 2-Two Story, 3-Three Story
Bedrooms 10
Full Baths 4
Year Built 1955
Annual Tax Amount $11,448
Tax Year 2024
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 $5,000 per month. $500 CAM every month. Triple Net property. 13% cap rate.
Location
State NJ
County Union
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Brick
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story, 3-Three Story
Others
Senior Community No
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Listed by VRI HOMES
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G.K. Cheung
Broker of Record | License ID: 1120283
Broker of Record License ID: 1120283