Average square foot calculated using Size range provided by listing agent.
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.Show Description
MLS® Number22418132
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageYes
Approx. Age
BasementOther, Full
DrivewayHeated Garage, Direct Access, On Street, Oversized, Workshop in Garage