Don't miss this income-producing duplex at 309 W 7th North St! Featuring two units, each with 2 bedrooms and 1 bath, this property combines classic charm with strong investment fundamentals -- including hardwood floors and a cozy fireplace in place, adding character tenants will love. Currently generating a solid 7 CAP, with the potential to reach up to 13 CAP through strategic improvements and rent optimization -- a compelling opportunity for value-add investors. The location is hard to beat: minutes from the hospital, close to downtown Morristown, and convenient to mall shopping and a wide range of other amenities. This combination of walkability, accessibility, and upside potential makes it a standout addition to any rental portfolio. Whether you're a seasoned investor or looking to add your first multi-family property, this duplex offers both immediate income and room to grow. Contact us today for financials and to schedule your showing!
Listing courtesy of RE/MAX Real Estate Ten Midtown.
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