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MLS® 4020574

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $6,892
Days Active 5
Lot Size 
Approx. Age 1906
MLS® Number 4020574

Property Address: 11 Cleveland St, Morristown, NJ, 07960-3808

Average square foot calculated using Size range provided by listing agent.

Description

ATTENTION INVESTORS: TENANT IN PLACE & BEING SOLD AS A RENTAL PROPERTY!!! Quality tenants in place in this like new two-family home. 2 leases in place. One lease recently signed for 2 years at $3, 500/month and the other lease is signed at $2300/month and has one year remaining. Yearly Financials: Rent: $69, 600 Property Taxes: $9, 512, Sewer Costs: $400 Net Operating Income: $58, 728 Walk to everything in Morristown location (train, school, downtown). Fully reconstructed home with all new everything. Laundry is private and inside the units. Off Street parking spaces. Top notch insulation and soundproofing in walls and ceilings. Rebuilt masterfully and with great care. Sizable backyard. Bathrooms are spacious with great water pressure from the new plumbing. Good ceiling height with tons of natural light, solid hardwood hickory floors. Kitchen countertops and backsplash are solid quartz and cabinets / vanities are solid wood. This property is being offered as a rental investment with a tenant already in place. The owner is seeking to sell it as part of a rental property package alongside MLS#4020634, MLS#4020635, MLS#4020616. Owner may consider selling individual properties.
MLS® Number4020574
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1906
BasementUnfinished
Driveway2 Car Width, Blacktop
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 14, 2026List Date
$995,900List Price
  • Commute

Commute

Starting Address
Destination Address
11 Cleveland St, Morristown,

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