26 Franklin Place Morristown Town, NJ 07960
Listing Courtesy of: NJMLS IDX / Serhant New Jersey LLC / Michele Zyska - Contact:  (646) 480-7665

  26 Franklin Place Morristown Town, NJ 07960

Pending (17 Days)
$1,799,000
6
BED
8
BATH

Description

Here is your chance to own a 4 unit building on a picture perfect street in the heart of Morristown, with ample parking and tons of upside! Located on a wide, tree-lined street, between South St. & Morris and equidistant to the Morristown Green, 287 and the Morristown Train Station, you will not find a better location! Currently, this property consists of 4 units in total, 3 in the front house and 1 in the separate carriage house located in the back of the property. 1st floor was used as a doctor's office, and would be ideal for the owner occupant looking to purchase an income property while opening their own business in the professional office space below. Or, you can look into renovating the 1st floor professional space into 1 or 2 more residential units (Please check with the town and do your own due diligence on what could be allowed). 2nd, 3rd and Carriage house residential units are all nicely renovated as of 2022/23 and have fantastic tenants who are all looking to stay.

MLS #:
24029040
Taxes
$22,768
Type
Multifamily
Year Built
1900
Style
4 Family
Views
East
County
Morris County

Listed By

Michele Zyska, Serhant New Jersey LLC, Contact: (646) 480-7665
Source
NJMLS IDX
Last checked Nov 27 2024 at 2:25 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
  • Partial Bathrooms: 2
Lot Information
  • Regular
Property Features
  • Fireplace: 2 Fireplaces
Heating and Cooling
  • Gas
Basement Information
  • Unfinished
  • Full
Garage
  • None
Additional Information: Serhant New Jersey LLC | (646) 480-7665
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than New Jersey are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last Data Updated: 11/27/24 06:25.
Source: New Jersey Multiple Listing Service. Inc.
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