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    32 Martin Luther King Ave

    Morristown Town, NJ 07960
    • $895,000
    • STATUS: Active
    • ON SITE: 41 days
    • MLS #: 3700961
    UPDATED: 27 min ago
    $895,000
    • 8
      BEDS
    • 0.17
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1906
    County:

    School Information

    Middle School:
    High School:

    Description

    This is a completely renovated high ticket 2 family house investment that is fully occupied. The interior and exterior were renovated in 2018. This is a great rental producing investment. "Newly Remodeled 2 family Home, with Gorgeous apartments that have 4-bedroom, 2-bathroom home in beautiful Morristown. This property offers plenty of living space. The two units pay for all of the utilities plus water and sewer. This is is a hassle free investment, a high-return option to add to your investment portfolio this opportunity to acquire a proven income-generator in an established area will not last. An approval for a 2 car garage available. Parking available on site

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    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Provident Legacy Real Estate Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Provident Legacy Real Estate Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-05-09T06:47:00.37.
    www.providentlegacyres.com/homes/115549856
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    32 Martin Luther King Ave Morristown Town, NJ 07960

    • Price: $895,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 3700961
    8
    Beds
    3
    Baths
    1
    ½ Baths
    0.17
    Acres
    1906
    Built
    County:
    Morris
    Area:
    Morristown Town
    Middle School:
    Frelghuysn
    High School:
    Morristown
    Property Description
    This is a completely renovated high ticket 2 family house investment that is fully occupied. The interior and exterior were renovated in 2018. This is a great rental producing investment. "Newly Remodeled 2 family Home, with Gorgeous apartments that have 4-bedroom, 2-bathroom home in beautiful Morristown. This property offers plenty of living space. The two units pay for all of the utilities plus water and sewer. This is is a hassle free investment, a high-return option to add to your investment portfolio this opportunity to acquire a proven income-generator in an established area will not last. An approval for a 2 car garage available. Parking available on site
    Exterior Features

    Approximate Lot Size 50X150 Exterior Description Vinyl Siding Exterior Features Storm Window(S) Garage Description Detached Garage Number Of Parking Spaces 0 Parking Driveway Description BlacktopSee Remarks Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description Unfinished Cooling 1 Unit Heating 2 UnitsForced Hot Air Interior Features Carbon Monoxide DetectorSmoke Detector Total Number Of Rooms 14 Unit1 Appliances Equipment Range/Oven - GasRefrigerator Unit1 Baths 2.5 Unit1 Bedrooms 4 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description Dining RoomEat-In KitchenLiving RoomStorageUtility Room Unit1 Rooms 7 Unit1 Security Deposit 2500 Unit1 Sq Ft 1475 Unit2 Appliances Equipment Cookgas Unit2 Baths 1.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving RoomMaster BedroomPorchStorage Unit2 Rooms 8 Unit2 Sq Ft 1700

    Property Features

    Assessment Total 292800 Building Assessment 171100 Easement No Expenses Include Insurance Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 66000 Land Assessment 121700 Net Operating Income 54000 Renovated Year 2018 Sewer Public Sewer Tax Amount 8441 Tax Rate Amount 2.883 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 12000 Unit Style 2-Two Story Unit1 Lease Expiration 2021-11-30 Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 2646 Unit2 Handicap Modified No Unit2 Lease Expiration 2021-11-30 Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 3191 Unit2 Security Deposit 3000 Utilities Gas In Street Water Public Water Year Built Description Approximate

    Listing information © 2021 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Signature Realty Nj.


    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Provident Legacy Real Estate Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Provident Legacy Real Estate Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-05-09T06:47:00.37.
     
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    Bayonne NJ, 07002