427 John ST Save Request In-Person Tour Request Virtual Tour
Plainfield,NJ 07060
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active-Attorney Review
Purchase Type For Sale
Square Footage 1,616 sqft
Price per Sqft $386
MLS Listing ID 2561071M
Bedrooms 6
Full Baths 3
Originating Board CJMLS API
Year Built 1931
Annual Tax Amount $4,838
Tax Year 2024
Lot Size 2,861 Sqft
Acres 0.0657
Lot Dimensions 19.07X150
Property Sub-Type 3 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 425 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, 1 New Hot Water Heater, 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 $1,700 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 $1700 a month Newly Renovated total $6,000 a month $72,00 a year NET! If sold with 495 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
Zoning R-4
Rooms
Basement Full
Interior
Interior Features Unit 1(1 Bath,2 Bedrooms,Kitchen,Living Room),Unit 2(1 Bath,3 Bedrooms,Living Room),Unit 3(1 Bedroom,Kitchen)
Heating Baseboard Cast Iron,Baseboard Electric
Cooling See Remarks
Appliance Water Heater(Gas),Water Heater,Unit 1(Range/Oven,Refrigerator),Unit 2(Range/Oven,Refrigerator)
Heat Source Natural Gas
Exterior
Utilities Available Electricity Connected,Natural Gas Connected
Building
Lot Description Interior Lot
Story 3
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1200501000000040
Ownership Fee Simple,See Remarks
Energy Description Natural Gas
Virtual Tour https://www.propertypanorama.com/instaview/msx/2561071M