425 John St Open House

Plainfield City,NJ 07060

$ 624999

6 Beds

3 Baths

1800 SqFt


OPEN HOUSE

Sun Feb 23, 12:00pm - 3:00pm 

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $347

MLS Listing ID 3946655

Style 3-Three Story

Bedrooms 6

Full Baths 3

Year Built 1931

Annual Tax Amount $4,898

Tax Year 2024

Property Description

**LOW TAXES AND HIGH INCOME** **Property is a legal two family with a bonus attic space being rented out** Semi attached to another two family, which is 427 John St. Both have separate deeds, combined both for $1,200,000. New 2023 remolded Updated Section 8 Multi Family Rental Property. Great ROI for investors portfolio to receive monthly guaranteed Passive Income. Section 8 Tenants pay their own utilities electric, Gas and even water. Camera Security System installed. 1 New Furnaces, 2 new Hot Water Heaters, New Kitchen Cabinets, Sink, Faucet, Fridge, Stove. New Gray Laminated Floors, New Windows, New Doors and Locks, New Paint, New Bathrooms, New Carpet, New Light Fixtures etc. RentsSection 8: 1st floor 2-Bedroom 1 Bathroom $1,926 a Month Standard Condition but Newly Remodel Cabinets, Sink and repaired plumbing.Section 8: 2nd floor 3-Bedroom 1 Bathroom $2,600 a Month. Newly Renovated Attic ApartmentRoom rental is vacant but can be rented at $1700 a month. Total rent role will be $6,000 a month once upstairs is rented $72,00 a year NET! If sold with 497 John street as a package $1.2 million in total **property being sold as-is** **pictures are old pictures taken after renovation prior to the tenants moving in**

Location

State NJ

County Union

Rooms

Basement Full, Unfinished

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Marble Floors, Security System, Smoke Detector, Vinyl-Linoleum Floors

Heating Electric, Gas-Natural

Cooling See Remarks

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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