5-7 Cummins St
Franklin Boro, NJ 07416
Price: $450,000
GSMLS: 3953671Type: Multi-Family
Style: 1-One Story
Total Units: 2
Beds: 3
Baths: 2 Full
Garage: 1-Car
Year Built: 1920
Acres: 0.16
Property Tax: $5,334
Description
Investment Opportunity In The Heart Of Franklin, New Jersey, Calling All Investors. This Well-maintained Multi-family Property Is Situated In A Desirable Neighborhood, Known For Its Strong Rental Market And Appreciation Potential.the Property Consists Of Multiple Units, Each With Its Own Distinct Charm And Functionality. Perfect For Generating Steady Rental Income.providing Tenants With Comfortable Living Space.ample Parking Space Is Available For Tenants With Vehicles.conveniently Located Near Schools, Shopping Centers, Dining, And Public Transportation, Ensuring Easy Commutes And Access To Local Amenities. Quick Access To Major Highways Makes This Property Ideal For Commuters.with A History Of Stable Tenancy, This Property Presents Steady Rental Income . Detailed Financials Are Available Upon Request.whether You're An Investor Looking To Expand Your Portfolio Or A Homeowner Seeking Additional Income, This Franklin Property Offers An Unparalleled Opportunity. Don't Miss Your Chance To Own A Piece Of This Thriving Community. Schedule A Private Showing Today And Witness Firsthand The Incredible Potential This Property Holds. Both Properties Have Tenants In Place .
General Info
Style:
1-One Story
SqFt Building:
n/a
Total Rooms:
9
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
1-Car
Description:
Detached Garage
Parking:
1 Car Width
Spaces Available:
5
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Attic, Bedrooms, Eat-In Kitchen, Family Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Attic, Bedrooms, Eat-In Kitchen, Family Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units
Heating Fuel:
OilAbOut
Cooling:
Window A/C(s)
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Available
Utilities:
Electric, Gas In Street
Services:
n/a
School Information
Elementary:
FRANKLIN
Middle:
FRANKLIN
High School:
WALLKILL
Community Information
County:
Sussex
Town:
Franklin Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$450,000
Tax Amount:
$5,334
Land Assessment:
$86,800
Build. Assessment:
$137,700
Total Assessment:
$224,500
Tax Rate:
2.65
Tax Year:
2024
Listing Information
MLS ID:
3953671
List Date:
03-28-2025
Days On Market:
8
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
