$825,000

16 Sherman Ave, Morris Twp., NJ 07950

  • 3 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1937
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Prime Morris Twp 2-Family with a 4 car detached garage with 2nd Floor storage. This turn-key asset presents significant value-add potential. The 1st Flr unit (1BR+Den) is rented below market at 60 day /mo. The VACANT 2nd Flr unit (2BR) is freshly painted with a new stove & fridge, ready for market. This upper unit also features a fantastic walk-up 3rd floor office/den. A landlord's dream with ALL SEPARATE UTILITIES and a NEW ROOF. Full basement with 2 sets of laundry hookups and dedicated tenant parking on-site. Meticulously maintained and in a fantastic location with a Morris Plains mailing address. This is the low-expense, high-potential investment you've been waiting for!

Listing Status:
Active
Listing Office:
COLDWELL BANKER REALTY : 973-267-8990
MLS ID:
3989718
  • General: Carbon Monoxide DetectorSmoke Detector
  • Basement: Unfinished
  • A/C: 4+ UnitsWindow A/C(s)
  • Heating: 2 UnitsRadiators - SteamGas-Natural
  • General: Vinyl Siding
  • Parking: Parking spaces: 4
  • Roofing: Asphalt Shingle
  • County: Morris
  • Driveway: Crushed Stone
  • Zoning: 2322-00109-0000-00028-0000-
  • Utilities: Gas-Natural
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of COLDWELL BANKER REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Alfred Vail School

125 Speedwell Ave, Morris Plains, NJ, 07950

Grades PK-2

0.21 miles away

F

Frelinghuysen Middle School

West Hanover Avenue, Morristown, NJ, 07960

Grades 6-8

0.90 miles away

M

Morristown High School

50 Early St, Morristown, NJ, 07960

Grades 9-12

1.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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