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500 West 7th St

Plainfield City, NJ 07060
  • $799,900
  • STATUS: Active Under Contract
  • ON SITE: 24 Days
  • MLS #: 3908725
Under Contract
UPDATED: 46 min ago
$799,900
  • 8
    BEDS
  • 0.34
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1906
County:

School Ratings & Info

Description

Look no further! Perfect 4Fam house fully rented! Perfect for anyone looking to add a cash-flowing property to their portfolio. All 4 units are currently rented and producing a total of $6,500 a month. Property has 2- 1beds 1 bath units, 1- 2beds 2bath unit and 1- 4beds 1bath unit. Rents have room to increase once leases expire to increase cash-flow. All utilities are separate, water, gas and electric. 4 Separate forced air heating units and more! In addition, the property is in a double lot so there might be a possibility to subdivide the lot and sell or build another property!

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-07-14T17:46:32.483.
www.baerhomes.com/homes/151813549
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500 West 7th St Plainfield City, NJ 07060

  • Price: $799,900
  • Status: Active Under Contract
  • On Site: 24 Days
  • Updated: 46 min ago
  • MLS #: 3908725
8
Beds
5
Baths
0
½ Baths
0.34
Acres
1906
Built
County:
Union
Area:
Plainfield City
Property Description
Look no further! Perfect 4Fam house fully rented! Perfect for anyone looking to add a cash-flowing property to their portfolio. All 4 units are currently rented and producing a total of $6,500 a month. Property has 2- 1beds 1 bath units, 1- 2beds 2bath unit and 1- 4beds 1bath unit. Rents have room to increase once leases expire to increase cash-flow. All utilities are separate, water, gas and electric. 4 Separate forced air heating units and more! In addition, the property is in a double lot so there might be a possibility to subdivide the lot and sell or build another property!
Exterior Features

Approximate Lot Size 85.58X171.69 Exterior Description See Remarks Number Of Parking Spaces 8 Parking Driveway Description Gravel Roof Description Flat

Interior Features

Basement Yes Basement Description Unfinished Cooling Window A/C(s) Heating 4+ UnitsForced Hot Air Total Number Of Rooms 18 Unit1 Appliances Equipment Carbon Monoxide Detector Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description Kitchen Unit1 Rooms 3 Unit1 Security Deposit 9999 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Carbon Monoxide Detector Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description Kitchen Unit2 Rooms 3 Unit2 Sq Ft 9999 Unit3 Baths 2.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description Kitchen Unit3 Rooms 5 Unit3 Sq Ft 9999 Unit4 Appliances Equipment Carbon Monoxide Detector Unit4 Baths 1.0 Unit4 Bedrooms 4 Unit4 Fireplaces 0 Unit4 Levels 3 Unit4 Room Description Kitchen Unit4 Rooms 6 Unit4 Sq Ft 9999

Property Features

Assessment Total 152700 Building Assessment 87400 Easement Unknown Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 780000 Land Assessment 65300 Net Operating Income 9999 Sewer Public Sewer Tax Amount 13202 Tax Rate Amount 8.646 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 9999 Unit Style Fourplex Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1350 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1350 Unit2 Security Deposit 9999 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1800 Unit3 Security Deposit 9999 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 2000 Unit4 Security Deposit 9999 Utilities All Underground Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 732-668-0770.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-07-14T17:46:32.483.
 
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