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Listed by Michele Zyska • Serhant New Jersey LLC • (646) 480-7665

$1,799,000

Est. payment - /mo

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26 Franklin Place Morristown Town, NJ 07960

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Isaac De Castro

idecastro@bhsusa.com +1(646) 626-7901

UPDATED:

10/07/2024 07:50 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24029043

Style Office

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

Interior

Heating Gas

Exterior

Utilities Available Sep Elec, Sep Gas, Sep Heat

Waterfront Description None

Building

Architectural Style Profsnl

Others

Ownership Private

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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Isaac De Castro

26 Franklin Place Morristown Town, NJ 07960

Isaac De Castro

Key Details

Location

Interior

Exterior

Building

Others

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26 Franklin Place