Do Real Estate on the Go!
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Do Real Estate on the Go!
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$249,900
-- Bed
- -- Bath
--sqft
926 E Main St, Morristown, TN 37814
$249,900
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Multi Family
Built in 1900
$-- HOA
-- sqft lot
--/sqft
Description
Turn-Key Triplex in the Heart of Morristown—Fully Leased & Cash-Flowing
Expand your portfolio with this income-producing triplex offering three rentable spaces: two side-by-side main-level units plus a basement efficiency—each occupied on annual leases. Current figures show approx. $29,400 gross annual income, $24,965 estimated net income, and an approx. 10% cap rate based on present leases and expenses. Recent improvements include a newly renovated bathroom in Unit B and an improved crawl space for peace of mind. Tenants enjoy 1-2 off-street parking spaces per unit and a convenient location close to shopping, dining, and major thoroughfares. If you're seeking steady cas...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
East Tennessee REALTORS® MLS
MLS Number
1316330
MLS Status
Active
Days on Market
74
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