Morristown Town, NJ 07960,26 Franklin PL
Morristown Town, NJ 07960,26 Franklin PL
Morristown Town, NJ 07960,26 Franklin PL
Morristown Town, NJ 07960,26 Franklin PL
Morristown Town, NJ 07960,26 Franklin PL
Morristown Town, NJ 07960,26 Franklin PL
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Listed by Michele Zyska • Serhant New Jersey LLC • (646) 480-7665
$ 1,799,000
Est. payment | /mo

6 Beds

7 Baths


Save
$ 1,799,000
Est. payment | /mo
Save

6 Beds

7 Baths

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 24029040

Style 4 Family

Bedrooms 6

Full Baths 6

Half Baths 2

Annual Tax Amount $22,768

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

Area Morristown Town

Rooms

Basement Full unfinished

Interior

Heating Gas

Fireplaces Type 2 Fireplaces

Laundry In Unit

Exterior

Exterior Feature Wood Shake

Garage None

Utilities Available Sep Elec, Sep Gas, Sep Heat, Sep Water

Waterfront Description None

View East

Building

Lot Description Regular

Others

Senior Community No

Ownership Private

Miscellaneous None

New Jersey MLS (NJMLS)
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26 Franklin PL