926 Main St Morristown, TN 37814
2,352 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,352 sqft
Price per Sqft $106
MLS Listing ID 1294417
Originating Board East Tennessee REALTORS® MLS
Year Built 1900
Lot Dimensions 68x149
Property Description
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. Additionally, the neighboring rental property at 1002/1004 E Main St is also available for purchase, presenting an incredible opportunity to acquire multiple income-producing units in one area. Don't let this investment slip away—schedule your showing today!
Location
State TN
County Hamblen County - 38
Rooms
Other Rooms Other
Interior
Heating Heat Pump, Electric
Cooling Central Cooling, Window Unit(s)
Flooring Other
Appliance Range, Refrigerator
Heat Source Heat Pump, Electric
Exterior
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Roof Type Shingle
Garage No
Building
Faces From Andrew Johnson Hwy turn onto Liberty Hill Rd, Turn Left onto E Main St, Property on Left
Structure Type Vinyl Siding,Block
Schools
Elementary Schools Hillcrest
Middle Schools Meadowview
High Schools Morristown East
Others
Tax ID 008.00
Energy Description Electric
Acceptable Financing USDA Loan, VA Loan, FHA, Cash, Conventional
Listing Terms USDA Loan, VA Loan, FHA, Cash, Conventional