Fourplex, See Remarks
26 Franklin Pl
Morristown Town , NJ 07960
MLS#: 3923238
$1,799,000
Property
Beds
6
Full Baths
5
1/2 Baths
1
Year Built
1886
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
5
-
1/2 Bathrooms
1
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding
-
Parking
Off Street, On Street
-
Patio and Porch Features
Patio
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.27
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Fourplex, See Remarks
Price
-
Sales Price
$1,799,000
-
Tax Amount
21051.0
-
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
Property Features
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Morris
Elementary School
Middle School
High School
Listing Courtesy of None , SERHANT NEW JERSEY LLC
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FOUNDER
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