209 W Chrystal St Ab, Dover Town, NJ 07801

$699,000
: 5
BD
: 2
BA

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List Price: $699,000
Status: ACTIVE
MLS#: 4040395
Bedrooms: 5
Bathrooms: 2
County: Morris
City: Dover Town
Year Built: 2026

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Property Description

Rare opportunity to own a well-maintained, income-producing legal two-family home generating over $5,500 per month in rental income with a strong 7%+ cap rate. This property is ideal for investors seeking immediate cash flow or owner-occupants utilizing FHA financing while offsetting housing costs with rental income.The home features separate utilities for each unit, including gas, electric, water, and sewer, allowing tenants to pay their own expenses. Additional highlights include a two-car garage, ample driveway parking, a full basement with laundry possible and storage areas, a spacious backyard, patio, and potential future development opportunities, including possible lot subdivision (buyer to perform due diligence).

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