Property
Plainfield City, NJ 07060 317 Richmond St
$1,395,000
Presented By: VRI HOMES; 800-531-2885
Beds • 10
Baths • 4
Home Details
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.
Presented By: VRI HOMES; 800-531-2885
Interior Features for 317 Richmond St
Bedrooms
Total Bedrooms10
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Unit 4 Beds Total2
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 4 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
Unit 4 Levels1
UnitType1TotalRent2000
UnitType2TotalRent2000
UnitType3TotalRent2200
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 4 Rooms6
Unit 2 Rooms5
Unit 1 Rooms5
Unit 3 Rooms6
Unit 3 Room DescriptionKitchen, Living Room
Unit 1 Room DescriptionKitchen, Living Room
Unit 2 Room DescriptionKitchen, Living Room
Unit 4 Room DescriptionKitchen, Living Room
General for 317 Richmond St
Architectural Style2-Two Story, 3-Three Story
CoolingWindow A/C(s)
CountyUnion
Directions317 Richmond Street, Plainfield NJ
DriveOn-Street Parking
EasementNo
Full Baths4
Gross Income
HeatingForced Hot Air
Net Operating Income
Number Of Units Total4
Open Parking Spaces
Operating Expense
Possessionclosing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount11448
Tax Assessed Value126700
Tax Lot13
Tax Year2024
Total Rooms18
Town #2912
TownshipPlainfield City
UtilitiesAll Underground
Water HeaterGas
Year Built1955
Exterior for 317 Richmond St
Exterior DescriptionBrick
Lot Dimensions29X100 IRR
Water SourcePublic Water
Additional Details
Price History
Tina Torres
Broker/Owner