Courtesy of: Heather Walker, REMAX Real Estate Ten of Morristown, heatherwalkerrealtor@gmail.com
Courtesy of: Heather Walker, REMAX Real Estate Ten of Morristown, heatherwalkerrealtor@gmail.com
$249,900
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4 bed
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4.00 Bath (3 Full , 1 Half)
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Lot: 0.23 Acres
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Other
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$249,900
926 E Main Street Turn-Key Triplex in the Heart of Morristown-Fully Leased & Cash-Flowing Expand your portfolio with this income-producing triplex offering three rentable spaces: two side-by-side main-level units plus a basement efficiency-each occupied on annual leases. Current figures show approx. $29, 400 gross annual income, $24, 965 estimated net income, and an approx. 10% cap rate based on present leases and expenses. Recent improvements include a newly renovated bathroom in Unit B and an improved crawl space for peace of mind. Tenants enjoy 1-2 off-street parking spaces per unit and a convenient location close to shopping, dining, and major thoroughfares. If you're seeking steady cash flow in a prime Morristown setting, this property checks the boxes!
Courtesy of: Heather Walker, REMAX Real Estate Ten of Morristown, heatherwalkerrealtor@gmail.com
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