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Located at 317 Richmond St, Plainfield, New Jersey 07060, this Multi Family is for Sale with a price of $1,590,000 USD. The property was built in 1955, includes 10 bedrooms, has 4 full baths. See all Homes for Sale in Plainfield.
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1. 317 Richmond St
New JerseyPlainfield317 Richmond St

Description

317 Richmond St,

Plainfield, NJ 07060

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.

This is an Active listing.

Broker Office Phone Number: 800-531-2885

Copyright © 2025Garden 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.

Amenities

  • Refrigerator
  • Asphalt Shingle Roof
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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any descriptions, measurements, square footages or acreage and should not be relied upon as such. All information herein should be confirmed by the customer. All rights to all content, including but not limited to photographs, videos and other graphics, are reserved to exclusively to the Broker who supplied such listing content. All advertising on this site is subject to the Federal Fair Housing Act.

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Listing By: VRI HOMES via Data Source: Garden State MLS, LLC 
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Price History

datepricevariancetype
9/18/2024$1,590,000-Listed
listing agent: Lawrence Vecchio
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    new listing

    317 Richmond St
    Plainfield, NJ 07060

    $1,590,000
    10 bd4 ba