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24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo
24 Franklin Pl, Summit, NJ 07901 Photo

36 Total Photos [Click to View All]

24 Franklin Pl Summit, NJ 07901
$1,748,000
Active / MLS# 4017192 / Multi Unit - Multiple / Summit
6 Beds
5 Baths

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!

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Mortgage Calculator

%
years/fixed
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yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 10,711.51 per month $8,838.84 Principal & Interest $1,362.83 Property Tax $509.83 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Window A/C(s)
Fuel Type: Electric, Gas-Natural
Heating: 3 Units, Baseboard - Hotwater, Radiators - Hot Wat
Lot Size: 0.27 Acres
Roof Type: Asphalt Shingle, Flat
Taxes: $16,354
Year Built: 1898

Amenities

Blinds
Carbon Monoxide Detector
Carpeting
Fire Extinguisher
High Ceilings
Smoke Detector
Tile Floors
Wood Floors
Curbs
Deck
See Remarks
Sidewalk
Storm Window(s)
Thermal Windows/Doors

Feature Descriptions

Days on Site: 7
Driveway: 2 Car Width, Assigned, Blacktop
Exterior: Aluminum Siding
Lot: Level Lot
Lot Dimensions: 0.27 acre(s)
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Water: Public Water

Schools

High School: Summit HS
Middle School: Summit MS
Elementary School: Lincoln-Hubbard

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: WEICHERT REALTORS
Agency Contact: 201-306-1357

Shown By

Agency Title: Hallmark Realtors
Agency Phone: (732) 574-9400

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