24 Franklin Pl , Summit City, Union 07901-3657
  • $1,888,000

Overview

Property ID: HZ4001836
  • Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 5
  • Bathrooms
  • 3712 Sqft
  • Area Size

Description

Welcome to a sun-filled & well-maintained four-unit multifamily home with 3 vacant units, (can be delivered fully vacant), a front lawn & backyard, located in the heart of Summit, a 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 floor has 2 one-bedroom apartment units. Unit A has one bedroom, one bath, & one 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 oversized kitchen w/ large dining area. The entire 2nd floor is a newly remodeled 3 bedroom 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 bathrooms, 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 bedroom is comfortable & the 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!!!

  • Address: 24 Franklin Pl
  • City: Summit City
  • State/county: Union
  • Zip/Postal Code: 07901-3657

Details

Updated on December 16, 2025 at 1:39 pm
  • Property ID HZ4001836
  • Price $1,888,000
  • Property Size 3712 Sqft
  • Land Area 0.27 Acres
  • Bedrooms 6
  • Rooms 23
  • Bathrooms 5
  • Garage Size x x
  • Year Built 1898
  • Property Type Residential Income
  • Property Status Active

Additional details

  • Roof Asphalt Shingle, Flat
  • Utilities Electric, Gas-Natural
  • Sewer Public Sewer
  • Cooling Window A/C(s)
  • Heating 3 Units, Baseboard - Hotwater, Radiators - Hot Water
  • County Union
  • Property Type Residential Income
  • Elementary School Lincoln-Hubbard
  • Middle School Summit MS
  • High School Summit HS
  • Architectural Style 3-Three Story

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