This historic 4-bed, 3-bath, 2,209 sqft home in Morristown is listed at $140K—a bargain at just $63/sqft, especially for a property with tons of curb appeal and classic Victorian charm. The house needs significant renovation, but comps in the area show similar-sized homes selling well above $300K once finished, with median prices around $149/sqft. That’s a big gap for potential profit.
If you’re an investor, this place screams flip potential—but only if you’re ready for a full rehab job. Prioritize structural fixes, modernize the kitchen and baths, and keep those gorgeous vintage details. Homeowners looking to sell should focus on cleaning up demo areas and giving it a fresh, market-ready look to attract buyers who appreciate classic homes (and are willing to take on a project).