ADDRESS
62 E Park Place
Morristown, NJ 07960
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
**LOW TAXES AND HIGH INCOME** **Property is a legal two family with a bonus attic space being rented out** Semi attached to another two family, which is 427 John St with a separate deeds. New 2023 remolded Updated Section 8 Multi Family Rental Property. Great ROI for investors portfolio to receive monthly guaranteed Passive Income. Section 8 Tenants pay their own utilities electric, Gas and even water. Camera Security System installed. 1 New Furnaces, 2 new Hot Water Heaters, New Kitchen Cabinets, Sink, Faucet, Fridge, Stove. New Gray Laminated Floors, New Windows, New Doors and Locks, New Paint, New Bathrooms, New Carpet, New Light Fixtures etc. RentsSection 8: 1st floor 2-Bedroom 1 Bathroom $1,926 a Month Standard Condition but Newly Remodel Cabinets, Sink and repaired plumbing.Section 8: 2nd floor 3-Bedroom 1 Bathroom $2,600 a Month. Newly Renovated Attic ApartmentRoom rental is vacant but can be rented at $1700 a month. Total rent role will be $6,000 a month once upstairs is rented $72,00 a year NET! **property being sold as-is** **pictures are old pictures taken after renovation prior to the tenants moving in**
4 weeks ago | Listing updated with changes from the MLS® | |
4 weeks ago | Status changed to Pending | |
3 months ago | Listing first seen on site |
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.