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$580,000   Price Analysis
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21 Walsh Rd
Franklin, NJ 07416
5 bed 3 bath 19,998 SqFt ($29/SqFt)
0.27 acre lot. Built 2014
Listed 2024-01-06
USDA Eligible
near Franklin, NJ
 Restrictions may apply
due to home size

MUCH BIGGER THAN PICTURES PORTRAY This large 2 family home underwent a total renovation about 10 years ago and features newer windows and siding.

* Sale Pending *

The home was gutted down to the studs and rebuilt, making it feel like new. The first floor unit features 2 bedrooms with an additional enclosed office space. The second floor unit boasts 3 bedrooms and 2 full baths with potential for a 4th bedroom or additional living space on the third floor walk up.

The home offers tons of natural li ght and ample storage space. Each unit has its own laundry facility and there is a one car garage. This home would make an excellent source of revenue for an investor or could be perfect for an owner occupant who would like to live in one unit and rent out the other. Additionally, there is a long-term tenant on the first floor who would like to stay and takes care of all of the landscaping maintennce.


Presented by Joseph Spekhardt at
Coldwell Banker Realty.


Property MLS #3880353 from GardenState

Bedrooms: 5

Total Bathrooms: 3.00
Full Bathrooms: 3

17

Cooling Features: Central Air
Heating Features: Forced Hot Air
Heating Fuel: Gas-Natural

Driveway: Blacktop, On-Street Parking
Garage Spaces: 1
Garage Description: Built-In Garage
Parking Total: 5

Lot Size Acres: 0.27
Lot Size Square Feet: 11761

Gross Income: 49200

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2.0
Total Bathrooms in Unit-2: 1.0
Total Rooms in Unit-1: 9
Total Rooms in Unit-2: 8
Unit-1 Description: Attic, Bedrooms, Family Room, Kitchen, Laundry Room
Unit-2 Description: Bedrooms, Family Room, Kitchen, Laundry Room, Storage
Unit-1 Furnished Description: CarbMDet, CeilFan, CookGas, Dishwshr, Microwav, Refrig
Unit-2 Furnished Description: CarbMDet, CeilFan, CookGas, Dishwshr, Microwav, Refrig
Unit-1 Square Feet: 9999
Unit-2 Square Feet: 9999
Unit 1 Total Actual Rent: 2300
Unit 2 Total Actual Rent: 1800

Annual Tax Amount: 8578
Source Listing Status: Under Contract
County: Sussex
Directions: Rt 23 to Walsh
Tax Year: 2023
Source Property Type: Multi-Family
Source System Name: C2C

Price Changed 2024-01-24
$580,000
GardenState
Listed 2024-01-06
$600,000
GardenState

Net Operating Income: 30622
Operating Expense: 18578

Year Built: 2014
Building Exterior Type: Vinyl Siding
Property Age: 10
Roof: Asphalt Shingle
House Style: 2-Two Story
Year Built Details: Renovated
Year Remodeled: 2014

Sewer: Public Sewer
Water Source: Public Water

Franklin Elementary School is a public elementary and middle school located approximately 0.1 miles away.
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Wallkill Valley Reg High School is a public high school located approximately 2.5 miles away.
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Immaculate Conception Regional School is a private elementary and middle school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.