Report Listing

Home For Sale

$1,799,000

26 Franklin Pl
Morristown, New Jersey, United States

6bd 5.5ba

Listed By: Realtyww Info

Listed On: 09/12/2024

Listing ID: GL11198069 View More Details

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. and 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.

For more details:

Listed by: Michele Zyska
Source: The World Property Journal

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