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Off market
  • $1,234,900

    38 Mills St, Morristown, NJ 07960

    5beds
    2,641sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,234,900 Zestimate®
    $468/sqft
    $3,683 Estimated rent

    Owner options

    List your home for rent

    $3,683/mo

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    $3,683/mo

    Rent Zestimate®

    Refinance and save

    $8,277/mo

    Est. payment

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    $8,277/mo

    Est. payment

    What's special

    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, and 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!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Gas
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 2,641 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 2408001000000008

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Morristown
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    Estimated market value
    $1,234,900