About 427 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 425 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, 1 New Hot Water Heater, 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 $1,700 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 $1700 a month Newly Renovated total $6,000 a month $72,00 a year NET! If sold with 495 John street as a package $1.2 million in total ** property being sold as-is** *pictures are old pictures taken after renovation prior to the tenants moving in**
Features of 427 John Street
MLS® # | 2561071M |
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Price | $624,999 |
Bedrooms | 6 |
Bathrooms | 3.00 |
Full Baths | 3 |
Square Footage | 1,616 |
Acres | 0.07 |
Year Built | 1931 |
Type | Residential Income |
Sub-Type | 3 Family |
Status | Under Contract |
Community Information
Address | 427 John Street |
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City | Plainfield |
County | Union |
State | NJ |
Zip Code | 07060 |
Amenities
Utilities | Electricity Connected, Natural Gas Connected |
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Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Unit 1(1 Bath,2 Bedrooms,Kitchen,Living Room), Unit 2(1 Bath,3 Bedrooms,Living Room), Unit 3(1 Bedroom,Kitchen) |
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Appliances | Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator) |
Heating | Baseboard Cast Iron, Baseboard Electric |
Cooling | See Remarks |
Fireplace | No |
# of Stories | 3 |
Has Basement | Yes |
Basement | Full |
Exterior
Lot Description | Interior Lot |
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Additional Information
Days on Market | 14 |
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Zoning | R-4 |
Listing Details
Office | EXP REALTY, LLC |
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