317 Richmond St, Plainfield City, NJ 07060

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$1,395,000

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

1955

Full Baths

Half Baths

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Cash cow and cash flow positive investment property located in Plainfield, NJ. Four apartments and 1 commercial space. Three of the apartments have been totally renovated within the last two months. Apartment 1 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 2 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 3 is thre bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 4 is three bedrooms and one full bathroom. Occupied. $2,200 per month. Tenant pays electric and gas. Garage has two bays and is leased for $5,000 per month. $500 CAM every month. Triple Net property. 13% cap rate.

Location
Subdivision	-
County	Union
Elementary School	-
Middle School	-
High School	-

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MLS number: 3941348

Listing agent: Lawrence Vecchio

Listing broker: Better Homes Realty (800) 531-2885

Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 2:29 p.m. EDT

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