11 King St, Morristown Town, NJ 07960
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$ 950,000
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Under Contract

11 King St Morristown Town, NJ 07960

5 Beds

3 Baths

4,356 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 4006302

Style See Remarks

Bedrooms 5

Full Baths 3

Year Built 1900

Annual Tax Amount $11,895

Tax Year 2024

Lot Size 4,356 Sqft

Property Description

Rare opportunity to own this 3 family house located less than 1 block from the Morristown Train Station, near downtown shops, dining, and minutes from Morristown Memorial Hospital! Includes driveway with off-street parking and 3 car detached garage. All 3 units are rented. The first unit consists of 2 beds & 1 bath; second unit consists of 2 beds & 1 bath; third unit consists of 1 bed & 1 bath. 1st unit: $1,750, 2nd unit: $1,750, and 3rd unit :$1,150. Total rent is $4,650. Rents are below market rent offering a rare opportunity for increased cash flow and property value with some updates. Sold AS-IS.

Location

State NJ

County Morris

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Utilities Available All Underground, Gas-Natural

Roof Type See Remarks

Building

Sewer Public Sewer

Water Public Water

Architectural Style See Remarks

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC

NEARBY SCHOOL & BUSINESS

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11 King St