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423-968-7653
Multifamily (Multi Family)

926 East Main St, Morristown, TN 37814

Victorian
FOR SALE
Price: $249,900  Price Per ft²: $106.25  List Date: 2025-03-24  DOM:  95
City Tax: $451 County Tax: $567Expenses Include: Water/Sewer
Year Built: 1900 pre-1978 Homes

Total Area: 2,352 ft² (Finished & Unfinished)

Lot Size: 0.23 acre(s)Lot Dimensions: 68'x149'Topography: Cleared, Sloped, Level
Heating: Heat PumpCooling: Heat Pump, Window Unit(s)Water & Sewage: Public
Appliances: Range, Refrigerator

Description

Investor OPEN HOUSE - POSTPONED! This is a rare opportunity to view all three occupied units during a one-time showing window. Don't miss your chance to walk through and evaluate this income-producing property in person! Please be respectful during the tour and direct any questions to the hosting agent.

Don't miss this fantastic opportunity to expand your investment portfolio with this fully leased, income-producing triplex in the heart of Morristown! This property features three rental units, including two side-by-side main-level units and a basement efficiency, all currently occupied under yearly lease agreements.With a gross income of $27,600 per year, an estimated net income of $23,165 and an 10.8% cap rate, this property offers a strong return on investment. Recent updates include a newly renovated bathroom in Unit B, completed within the last month. Each unit benefits from 1-2 off-street parking spaces, adding to tenant convenience.Situated in a prime location, this property provides easy access to shopping, dining, and major roadways. Don't let this investment slip away—schedule your showing today!

Community Information

Geographical
County: Hamblen
Subdivision:
Zoning: L1
School System
Hillcrest Elementary
Meadowview Middle
East High High

Interior

Basement & Foundation: Finished, Exterior Entry, Walk-Out Access 

Exterior

Roof: Shingle Exterior Finish: Vinyl Siding 

Photos

1st photo of 926 Main Street Photo #2: 926 Main Street Photo #3: 926 Main Street Photo #4: 926 Main Street Photo #5: 926 Main Street Photo #6: 926 Main Street Photo #7: 926 Main Street
Listing by Remax Real Estate Ten Of Morristown
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