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Listing 2 out of 25
$975,000 New For Sale

87 Western Ave
Morristown Town, NJ 07960

4 units | Multi Family Home
7405 sq ft lot - MLS# 3418225
Property Photo
1/4

Description

4 family collects good rents, Collects $15,000 more a year than last year. Needs some TLC, Great location, Tenants pay separate utilities. Tenants have one year leases. Great investment Center town

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Morris County
  • Zip Code: 07960
  • Total Rooms: 16
  • Units: 4 units
  • Bedrooms: 12
  • Total Baths: 6.00
  • Baths: 6 baths
  • Basement: Full, Unfinished Yes
  • Acres: 7405 sq ft lot
  • Approximate Lot Size: 50X150
  • Construction Date/Year Built Des: Approximate
  • Cooling: Window A/C(s)
  • Directions: Washington St. Left on Western Ave
  • Exterior Description: Vinyl Siding
  • Fuel Type: Gas-Natural
  • Gross Operating Income: 101700
  • Heating: 4 Units
  • Lot Identifier: 32
  • Net Operating Income: 79080
  • Parking/Driveway Description: See Remarks, On-Street Parking
  • Roof Description: Asphalt Shingle, See Remarks
  • Services: Cable TV Available, Garbage Included
  • Sewer: Public Sewer
  • Tax Amount: $15,561
  • Total Operating Expense: 22620
  • Unit 1 Appl/Equip: Carbon Monoxide Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 1
  • Unit 1 Levels: 1
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
  • Unit 1 Rent: 1575
  • Unit 1 Room Description: Porch, Bedrooms, Eat-In Kitchen, Living Room, Utility Room
  • Unit 1 Rooms: 4
  • Unit 1 Security Deposit: 1575
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Levels: 2
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
  • Unit 2 Rent: 1950
  • Unit 2 Room Description: Living/Dining Room, Bedrooms, Eat-In Kitchen, Utility Room
  • Unit 2 Rooms: 6
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
  • Unit 3 Baths: 2.0
  • Unit 3 Bedrooms: 4
  • Unit 3 Levels: 1
  • Unit 3 Owner/Tenant Pays: Owner Pays Water
  • Unit 3 Rent: 2450
  • Unit 3 Room Description: Porch, Bedrooms, Eat-In Kitchen, Living Room
  • Unit 3 Rooms: 8
  • Unit 3 Security Deposit: 1800
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
  • Unit 4 Baths: 2.0
  • Unit 4 Bedrooms: 4
  • Unit 4 Levels: 2
  • Unit 4 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
  • Unit 4 Rent: 2500
  • Unit 4 Room Description: Porch, Bedrooms, Eat-In Kitchen, Living Room, Utility Room
  • Unit 4 Rooms: 8
  • Unit 4 Security Deposit: 1800
  • Unit Style: 3-Three Story
  • Utilities: Electric, See Remarks, Gas-Natural
  • Water: Public Water
Courtesy of Coldwell Banker Realtors


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Advanced Realty Group​
Yelena Tsuladze
Broker/Owner

612 Main Street
Boonton, NJ 07005
Office: 973-843-0053
973-652-1372
yelena@isellnj.com

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