Asking Price: $365,000

After Repair Value: $550,000

Repair Estimate: $45,000

Estimate Gross Profit: $140,000

Legal Units: 2

Property Taxes: $11,200

Rent Roll   Proforma $4,000

 

Town Website: Morristown, NJ 

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Description: 2-Family in Morristown, close to downtown. Driveway. Deep Lot 30x199. Currently Occupied by former owner and her family. Occupants not paying rent and will need to be evicted/ejected after closing.  Property is being sold strictly "as is", not subject to home inspections nor credits. Buyer responsible for Temp certificate of occupancy. Showings Delayed. No Trespassing.