209 W Chrystal St Ab, Dover Town, NJ 07801

$699,000
5
BD
2
BA

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List Price
$699,000
MLS#
4040395
Dom
8
Year Built
2026
Status
ACTIVE
County
Morris
City
Dover Town
Bedrooms
5
Bathrooms
2
Baths Full
2
Acres
0.51

Property Description

Rare opportunity to own a well-maintained, income-producing legal two-family home generating over $5,500 per month in rental income with a strong 7%+ cap rate. This property is ideal for investors seeking immediate cash flow or owner-occupants utilizing FHA financing while offsetting housing costs with rental income.The home features separate utilities for each unit, including gas, electric, water, and sewer, allowing tenants to pay their own expenses. Additional highlights include a two-car garage, ample driveway parking, a full basement with laundry possible and storage areas, a spacious backyard, patio, and potential future development opportunities, including possible lot subdivision (buyer to perform due diligence).

Additional Information

Taxes
$9,489
Cooling
Wall A/C Unit(s)
Exterior
Metal Siding
Garage Spaces
2
Garage Description
Detached Garage, Garage Parking
Heating
2 Units
Interior
See Remarks, Tile Floors
Roof
Asphalt Shingle
Elementary School
East Dover
Middle School
Dover M.S.
High School
Dover H.S.
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Open Lot, Wooded Lot
Exterior Features
Enclosed Porch(es), Patio, Sidewalk
Garage Description
Detached Garage, Garage Parking

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Calculator source: Real Geeks

Listing Courtesy Of ELITE REALTORS OF NEW JERSEY, Contact: 973-723-2015

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