$625,000

425 John Street, Plainfield, NJ 07060

  • 6 beds |
  • 3 baths |
  • 1,664 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon2,971sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $376/sqft
  • Property List Date Icon Listed 1 month ago

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 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**

Listing Status:
Active
Date Added:
May 22, 2025 at 05:00AM
Listing Office:
EXP REALTY, LLC : 866-201-6210
Listing Agent:
NICHOLAS BOULTON :
MLS ID:
2561642M
  • General: Unit 1(1 Bath2 BedroomsKitchenSee Remarks)Unit 2(1 Bath3 BedroomsLiving RoomSee Remarks)Unit 3(1 Bath1 BedroomKitchen)
  • Appliances: Water Heater(Gas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)
  • Basement: Full
  • A/C: None
  • Heating: See Remarks

This listing courtesy of NICHOLAS BOULTON, EXP REALTY, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Washington Community School

427 Darrow Ave, Plainfield, NJ, 07060

Grades PK-5

0.21 miles away

H

Hubbard Middle School

661 W 8th St, Plainfield, NJ, 07060

Grades 6-8

0.28 miles away

P

Plainfield High School

950 Park Ave, Plainfield, NJ, 07060

Grades 9-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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