416 Drakestown Rd, Long Valley, NJ 07853

Turnkey investment opportunity in the desirable Mount Olive. 416 Drakestown Road is a fully tenant-occupied property generating immediate rental income from day one. This well-maintained home is in excellent condition, featuring all new appliances, a new roof, and a new well, significantly reducing near-term capital expenses and making this a true low-maintenance asset. The property offers a functional layout, solid structure, and strong long-term rental appeal in a high-demand market with limited inventory. Located in a quiet, desirable area with convenient access to major roadways, shopping, and top-rated schools, this property benefits from strong tenant demand, stability, and long-term appreciation potential. Whether you’re looking to expand your portfolio or secure a reliable income-producing property, this is a rare opportunity to acquire an income-producing asset in one of Morris County’s most sought-after areas. Investment Highlights: Tenant-occupied – immediate income New roof, new well, and all new appliances Excellent overall condition – minimal deferred maintenance Strong rental market with consistent demand Long-term appreciation potential PHOTOS TAKEN PRIOR TO TENANT OCCUPANCY