Fantastic opportunity to own this turn key fully rented 3 family in downtown Morristown. A complete gut renovation completed in 2017. A rare investment including 4 car garage, & all separate utilities Unit 1: 8/1/2020-7/31/2021: $2500 plus utilities. 1.5 month security deposit Unit 2: $2300/mo. 10/1/2020-9/30/2021 just renewed. 1.5 month security deposit. Unit 3: $1775/month 4/1/2020-3/31/2021. 1.5 month security deposit. All have separate utilities and laundry. Tenants pay utilities. Unit 1 has 2 car garage. Unit 2 and 3 have a 1 car garage. Landlord responsible for snow removal and sewer and water NOI: Approx $60,000. $6,575/month in rental income!
Listing courtesy of WEICHERT REALTORS.