Fantastic opportunity awaits you here in picturesque Lake Parsippany! This property is ideal for anyone looking to invest, build new or restore. Incredibly unique opportunity as this home is currently zoned as a legal two family. As per the township zoning department the new owner would have to rehab/renovate the existing home to keep this as a legal two family. If you want to build something brand new you could knock it down and rebuild your dream home! Buyer needs to do their due diligence with the township in regard to zoning regulations. This lovely property is just a few steps away from the beautiful lake and boat launch. Membership in the Lake Parsippany Property Owners Association is mandatory at $310 a year. This property will not qualify for conventional financing. Cash or Rehab loans only. This home is strictly being sold "as-is". Any inspections would be for informational purposes only.Final and Best offers due by Saturday 7/19/2025 5pm