317-319 Richmond Street, Plainfield NJ 07060

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Pending

$1,590,000

317-319 Richmond Street, Plainfield, NJ 07060

bedrooms

bathrooms

square feet

5,183

Acreage

0.07

Open Houses

year built

Full Baths

Half Baths

Find out more

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.

Location
Subdivision	-
County	Union
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 22418132

Listing agent: Marc A Sorrentino

Listing broker: Better Homes Realty (800) 531-2885 ext. 103

Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Monday, January 6 2025 at 9:28 p.m. EST

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