26 Franklin Pl, Morristown Town NJ, 07960

Pending

Under Contract

26 Franklin Pl

Morristown Town NJ, 07960

$1,799,000

Pending

Under Contract

6 Beds

5.5 Baths

Multi-family

Built in 1886

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.

3923238

MLSⓇ ID

September 10, 2024

Listed

October 8, 2024

Updated

Map

26 Franklin Pl
Morristown Town NJ, 07960

Interior Features

Bedrooms: 6
Total Bathrooms: 5.5
Full Bathrooms: 5
Half Bathrooms: 1
Interior Features: Carpet, Tile, Vinyl
Appliances: Gas Water Heater
Floor Description: Carpet, Tile, Vinyl
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Natural Gas

Exterior/Building Features

Lot Size: 0.27 Acres
Architectual Style: Fourplex, See Remarks
Roof: Asphalt
Sewer: Public Sewer

Other Property Details

Taxes: $21,051
Tax Frequency: Annually
Days on Market: 27
Garage: No
Parking: Off Street, On Street
View: No
County: Morris
Water Source: Public
Pool: No

Listing History

Date	Event	Price
10/8/2024	Pending	—

Courtesy of SERHANT NEW JERSEY LLC with MICHELE ZYSKA,
Listing Contact:

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