NJ
Union
Summit City
07901
24 Franklin Pl
24 Franklin Pl, Summit City, NJ 07901
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Listing Type
Multi Family
Listing Status
Active
36
$1,688,000

Home Details for 24 Franklin Pl

Price
$1,688,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
5
Full Bathrooms
5
Square feet
3712
Year built
1898
Lot size acres
0.27
County
Union
Total rooms
23
Basement
Full, Unfinished
Days on site
35
MLS Listing#
4017192
Property Description

Welcome to a sun-filled & well-maintained four-unit multifamily home w/ 4 vacant units, can possibly be converted to 5 units or converted to Condo! Zoned TH3, great potential, a front lawn & backyard, located in heart of Summit, short walk to Summit Train Station & Downtown. Ideal for owners/renters who commute to Manhattan, Wall Street, etc. The Summit schools are highly rated & among the Best. The 1st flr has 2 one-bedrm apartment units. Unit A has 1 bedroom, 1 bath, & 1 living room sun drenched by panoramic bay-window. The living room & bedroom are separated by a French door. These rooms are spacious. Apartment B has one bedroom, one living room, a bath & one large kitchen w/ large dining area. The entire 2nd floor is a newly remodeled 3 bedr00m unit w/ a huge living room, ideal for owner occupancy or rental. The spaciously remodeled kitchen, the new wood floors In living room & spacious 3 bedrooms add to the charm of this beautiful unit. The coffered ceiling adds to the beauty of this unit. 2 baths, 3 bedroom rental units are rare & valuable in Summit, commanding premium rents. On the 3rd floor is the remodeled 4th unit w/new HW floors. The bedrm is & living room is spacious. The new kitchen has new appliances. This building commands premium rents due to proximity to train station & downtown. The 8 parking spaces bring in additional income, commuters prefer to rent the assigned spaces. Possible conversion to 5 units & condo plans drawn up by architect. Great Potential!

Property Features
  • Heating Information
    • Baseboard
    • Electric
    • Natural Gas
    • Hot Water
    • Radiant
  • Utilities
    • Cable Available
    • Natural Gas Available
  • Basement
    • Full
    • Unfinished
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
School Information
School Information for 24 Franklin Pl, Summit City, NJ 07901
Elementary School
Lincoln-Hubbard
Middle School
Summit MS
High School
Summit HS
Listing Courtesy: WEICHERT REALTORS - 973-376-4545
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2780 Morris Ave Unit 1 A, Union, NJ 07083
Office
908 378 5170
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