425 John Street, Plainfield NJ 07060

Property City
Plainfield
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Property Price
$615,000
Rooms
14
Bedrooms
6
Bathrooms
3
Tax Annual Amount
$4899
Lot Size Area
0.0682
MLS Status
Active
MLS #
2561070M
**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 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! If sold with 497 John street as a package $1.2 million in total **property to be sold as-is** **pictures are old pictures taken after renovation prior to the tenants moving in**
Days On Market
43
CarportSpaces
0
GarageSpaces
0
Lease Term
Unit 1(Month-Month)
Lot Size Dimensions
19.81X150
Property Location

40.609272, -74.4276712

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buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762