926 East Main Street, Morristown, Tennessee 37814

Sales Price: $249,900
Victorian

Year Built: 1900
City Tax: $451
County Tax: $567
Lot Size: 0.23 acre(s)
Total Area: 2,352 ft²
Heating: Heat Pump
Cooling: Heat Pump, Window Unit(s)
Water / Sewage: Public
Topography: Cleared, Sloped, Level

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!

Lot Dimensions: 68'x149' Expenses Include: Water/Sewer

Community: Hamblen County, , Subdivision, Zoned L1

Schools: Hillcrest Elementary, Meadowview Middle, East High High

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

Exterior Features:
Roof: Shingle Exterior Finish: Vinyl Siding

⚡ 926 East Main Street, Morristown, Tennessee 37814