See all 26 photos
$615,000
Est. payment /mo
6 BD
3 BA
1,800 SqFt
Price Dropped by $9K
425 John St Plainfield City, NJ 07060
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UPDATED:
03/06/2025 01:22 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $341
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 427 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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Listed by EXP REALTY, LLC