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26 Franklin Pl
26 Franklin Pl
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26 Franklin Pl
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26 Franklin Pl
26 Franklin Pl

26 Franklin Pl

$1,799,000

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.

Overview

Property Type
Commercial
Location
26 Franklin Pl, Morristown Town, NJ 07960
MLS ID
3923253
Listing Last Updated

Property Features & Amenities

Interior

Total Bedrooms
0
Flooring
Carpet, Laminate, Tile, Vinyl
Other Interior Features
Carpet, Laminate, Tile, Vinyl

Exterior

Stories
3
Garage Spaces
7.0
Water Source
Public
Utilites
Underground Utilities
Roof
Asphalt
Lot Features
Level
Parking
Off Street, On Street
Heat Type
Natural Gas
Sewer
Public Sewer

Details

Financial

Price
$1,799,000
Real Estate Tax
$21,051/yr
Zoning
R-3

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Exclusive Listing Agents

Michele Zyska

Broker of Record - New Jersey

(908) 656-1650

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