Bought with Jacqueline Rossi Coldwell Banker, Morristown
$1,900,000
$1,799,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
8 Baths
SOLD DATE : 12/11/2024
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24029040
Sold Date 12/11/24
Style 4 Family
Full Baths 6
Half Baths 2
Property Sub-Type 4 Family
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
Interior
Laundry In Unit
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