Property
Beds
4
Full Baths
3
1/2 Baths
1
Year Built
1906
Sq.Footage
1,950
ATTENTION INVESTORS: TENANT IN PLACE & BEING SOLD AS A RENTAL PROPERTY!!! Quality tenants in place in this like new two-family home. 2 leases in place. One lease recently signed for 2 years at $3,500/month and the other lease is signed at $2300/month and has one year remaining. Yearly Financials: Rent: $69,600 Property Taxes: $9,512, Sewer Costs: $400 Net Operating Income: $58,728 Walk to everything in Morristown location (train, school, downtown). Fully reconstructed home with all new everything. Laundry is private and inside the units. Off Street parking spaces. Top notch insulation and soundproofing in walls and ceilings. Rebuilt masterfully and with great care. Sizable backyard. Bathrooms are spacious with great water pressure from the new plumbing. Good ceiling height with tons of natural light, solid hardwood hickory floors. Kitchen countertops and backsplash are solid quartz and cabinets / vanities are solid wood. This property is being offered as a rental investment with a tenant already in place. The owner is seeking to sell it as part of a rental property package alongside MLS#4020634, MLS#4020635, MLS#4020616. Owner may consider selling individual properties.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
3
-
1/2 Bathrooms
1
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding
-
Patio and Porch Features
Deck
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.13
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
3-Three Story
Price
-
Sales Price
$995,900
-
Tax Amount
$6,892
-
Sq. Footage
1, 950
-
Price/SqFt
$510
HOA
-
Association
No
School District
-
Elementary School
A.Hamilton
-
Middle School
Frelghuysn
-
High School
Morristown
Property Features
-
Stories
3
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Morris
Elementary School
A.Hamilton
Middle School
Frelghuysn
High School
Morristown
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FOUNDER
Patrick Bolger
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