425 John Street
Plainfield, NJ 07060
1664 sqft | 6 beds | 3 baths | 0.07 acres | #2561642M
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**
Property Details
- InteriorUnit 1(1 Bath, 2 Bedrooms, Kitchen, See Remarks), Unit 2(1 Bath, 3 Bedrooms, Living Room, See Remarks), Unit 3(1 Bath, 1 Bedroom, Kitche
- SubdivisionCity/Plainfield
- Sewer InformationPublic Sewer
- HeatingSee Remarks
- Lot DescriptionSee Remarks
- Utility FeaturesSee Remarks
- GasNatural Gas
- OwnershipFee Simple
- MLS #2561642M
- Property Subtype2 Family
- MLS #2561642M
- Acres0.0682
- Utility SourcePublic
- WaterPublic
- Taxes Annual$4,899
- Cost625000
- CountyUnion
- Square Feet1664
- BasementFull
- Year Built1931
- Bedrooms6
- Bathrooms3
- Full Baths3
- Stories3
Location
Legal
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Last Updated:Â . Source: AJMLS
Listing Courtesy
Listing Agent: NICHOLAS BOULTONÂ (#NICHBOUL)
Listing Office: EXP REALTY, LLC (#REXP)
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