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Patric Santo Pietro

[email protected] +1(732) 570-5442

$ 1,799,000

Est. payment -/mo

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Under Contract

26 Franklin Pl Morristown Town, NJ 07960

6 Beds

5.5 Baths

0.27 Acres Lot

UPDATED:

10/07/2024 06:47 PM

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3923238

Style Fourplex, See Remarks

Bedrooms 6

Full Baths 5

Half Baths 1

Year Built 1886

Annual Tax Amount $21,051

Tax Year 2023

Lot Size 0.270 Acres

Property 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.

Location

State NJ

County Morris

Rooms

Basement Full, Unfinished

Interior

Interior Features Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors

Heating Gas-Natural

Cooling 4+ Units

Heat Source Gas-Natural

Exterior

Exterior Feature Wood

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Parking Type Driveway-Exclusive, Off-Street Parking, On-Street Parking

Building

Sewer Public Sewer

Water Public Water

Architectural Style Fourplex, See Remarks

Others

Senior Community No

Listed by SERHANT NEW JERSEY LLC

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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Patric Santo Pietro

Patric Santo Pietro

26 Franklin Pl Morristown Town, NJ 07960

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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26 Franklin Pl