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$950,000
Est. payment /mo
5 Beds
3 Baths
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 4006302
Style See Remarks
Bedrooms 5
Full Baths 3
Year Built 1900
Annual Tax Amount $11,895
Tax Year 2024
Lot Size 4,356 Sqft
Property Description
Rare opportunity to own this 3 family house located less than 1 block from the Morristown Train Station, near downtown shops, dining, and minutes from Morristown Memorial Hospital! Includes driveway with off-street parking and 3 car detached garage. All 3 units are rented. The first unit consists of 2 beds & 1 bath; second unit consists of 2 beds & 1 bath; third unit consists of 1 bed & 1 bath. 1st unit: $1,750, 2nd unit: $1,750, and 3rd unit :$1,150. Total rent is $4,650. Rents are below market rent offering a rare opportunity for increased cash flow and property value with some updates. Sold AS-IS.
Location
State NJ
County Morris
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks
Utilities Available All Underground, Gas-Natural
Roof Type See Remarks
Building
Sewer Public Sewer
Water Public Water
Architectural Style See Remarks
Others
Senior Community No
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Listed by EXP REALTY, LLC
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Sharon Burroughs-Clarke
Broker Associate | License ID: 1752455
Broker Associate License ID: 1752455