425 John ST new Save Request In-Person Tour Request Virtual Tour
Plainfield,NJ 07060
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,664 sqft
Price per Sqft $375
Subdivision City/Plainfield
MLS Listing ID 2561642M
Bedrooms 6
Full Baths 3
Year Built 1931
Annual Tax Amount $4,899
Tax Year 2024
Lot Size 2,970 Sqft
Property Sub-Type 2 Family
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. 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 ApartmentRoom rental is vacant but can be rented for $1700 a month. With the upstairs unit rented you will receive $6,226 a month $74,712 a year NET! **property to be sold as-is** **pictures are old pictures taken after renovation prior to the tenants moving in**
Location
State NJ
County Union
Zoning R-4
Interior
Heating See Remarks
Cooling None
Exterior
Utilities Available See Remarks
Building
Lot Description See Remarks
Story 3
Sewer Public Sewer
Water Public
Others
Virtual Tour https://www.propertypanorama.com/instaview/msx/2561642M