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First Time Available in the Unique Historic Area of North Plainfield, Three Unit Multifamily Home. Owner Could Live in One and Rent Two Units or Rent all Three. Quiet Stable Neighborhood with Mixed Single and Multifamily Units. Square Footage of Units As Per Tax Records (5,128). Actual Rent and Net Operating Income Estimated as Previously Were Owner Occupied. In Documents, you will find Three Years of Expenses for the Building. These are directly off the Owner's tax returns for 2021, 2022 and 2023. The owner of the Property lived in the upstairs apartment so there was no rental history. Please note that this is a large 3-bedroom apartment. The one current tenant is month to month (coming off a 1-year lease in the last 60 days). The current rent of $1,500 per month is very low. The other apartment is vacant. We purposely left it vacant so that the Buyer could pick his own tenant and set his own rental rate. Please note additionally that there is a two-car garage which could be included or not included for a higher rental rate.
| DAYS ON MARKET | 4 | LAST UPDATED | 11/25/2024 |
|---|---|---|---|
| TRACT | Historic District | YEAR BUILT | 1890 |
| COMMUNITY | North Plainfield | GARAGE SPACES | 3.0 |
| COUNTY | Somerset | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | N PLAINFLD |
|---|---|
| Jr. High School | N PLAINFLD |
| High School | N PLAINFLD |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | North Plainfield |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Electric, Natural Gas |
| LOT | 0.36 acre(s) |
| LOT DESCRIPTION | Level |
| PARKING | Shared Driveway, Off Street, On Street, Attached |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | 2-Two Story, See Remarks |
| SUBDIVISION | Historic District |
| TAXES | 16342 |
| UTILITIES | Cable Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with COLDWELL BANKER REALTY
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