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425 John Street, Plainfield, NJ, 07060

$605,000

6

Beds

3

Bathrooms

1,664

Building Sqft

0.07

Acres

2,971

Lot Sqft

About 425 John Street

**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**

Features of 425 John Street

MLS® #
2561070M
Bedrooms
6
Bathrooms
3
Full Baths
3
Acres
0.07
Type
Residential Income
Price
$605,000
Square Footage
1,664
Year Built
1931
Sub-Type
3 Family

Additional Features

Subdivision
City/Plainfield

Exterior

Lot Description
[\"Level\"]

Community Information

Address
425 John Street
Subdivision
City/Plainfield
City
Plainfield
County
Union
State
NJ
Zip Code
07060

Listing Information

Agent Name
NICHOLAS BOULTON
Agent Office
EXP REALTY, LLC

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(718) 987-7900