ADDRESS
62 E Park Place
Morristown, NJ 07960
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Highly Profitable 6 Unit Money Maker! Gross Rental Income: $132600. Net Income: $96,600. Cap Rate 8 (P&L Attached). In the heart of Flemington Main St amongst cafes & restaurants. Only a block from the County Courthouse & Historic Union Hotel which is been renovated into a 100 room hotel & newly developing upscale townhomes & apartments. Great safe neighborhood seeing tremendous growth year over year.. This investment property on the corner of Main St & Mine St consists of 4 Apartments & 2 Storefronts. Tenants pay heat, hot water & sewer. Perfect Opportunity for 1031 Exchange & Investors looking for cash flow.
3 months ago | Listing updated with changes from the MLS® | |
3 months ago | Listing first seen on site |
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