Property
Beds
4
Full Baths
3
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
Great Owner user and or investor prop. Two units: First Floor is 3 rm/1 bed/1 fb with EIK (this unit is occupied/same tenant for 5 yrs/ M to M). Second and third floor duplex is 6rm/3bed/2 fb (this unit is vacant). First floor unit was modestly renovated in 2018. 2nd/3rd flr duplex just completed a full renovation. Very nicely done. Please see photos in "media" or click on the link in "media" to go to the Offering Memorandum with full photo series and prop profile. There is a full unfinished, very clean basement with separate utilities and separate walk out to the back yard. Utility units are newer averaging about 5 yrs old. Owner pays only cold water. Back yard is amply sized. There is no on premise parking but there is a for lease parking lot about 50 ft from the front door. We believe proforma monthly for the 3 bed duplex is $2,800. With the $1,640 from the first flr there would be an annualized Gross Operating Income of $53,400.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
3
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
2 Family
Price
-
Sales Price
$559,000
-
Tax Amount
9817.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
ESSEX
Elementary School
Middle School
High School
Listing Courtesy of Edona Brahimi , RE/MAX SELECT - Morristown
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