BEDS4
BATHS2 full
MLS#712856
STATUSActive Contingent
PROPERTY TYPEMulti Unit - Multiple
Property Description
Turnkey income property at 2309 Clancy Ave! This side-by-side duplex offers two units, each with 2 bedrooms and 1 bath, all on one convenient level -- no stairs, easy maintenance, and appealing to a wide range of tenants.Currently performing at a strong 7 CAP, with upside potential to push into the 10-11 CAP range with strategic rent adjustments or minor improvements. A great addition for investors looking to grow their portfolio with immediate cash flow and room to increase returns.Ideally located on the east end of Morristown with easy access to the middle of town, this property puts tenants close to shopping, dining, and everyday amenities -- a location that supports strong occupancy and tenant retention.Whether you're expanding your rental portfolio or looking for a solid income-producing property with built-in upside, this duplex checks the boxes. Contact us today for financials and to schedule a showing!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Lot Size: 0.44 Acres
Roof Type: Shingle
Year Built: 1970
Units
Unit Type 1:
Bedrooms: 2
Full Baths: 1
Rent: $1000.00
Square Footage: 824.00
Unit Type 2:
Bedrooms: 2
Full Baths: 1
Rent: $700.00
Square Footage: 823.00
Feature Descriptions
Appliances: Electric Cooktop, Refrigerator, Electric Oven
Days on Site: 42
Exterior: Brick
Exterior: Rain Gutters
Fencing: Back Yard, Chain Link
Flooring: Carpet, Linoleum, Laminate
Interior: Ceiling Fan(s)
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: City Lot
Parcel #: 025H G 00500 000
Sewer: Public Sewer
Water: Public
Windows: Metal Frames, Vinyl Frames
Listed By / Shown By
Listed By
Agency Name: RE/MAX Real Estate Ten Midtown
Agency Phone: (423) 581-8881
Shown By
Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660
Estimate Your Payment
Estimated Payment
$ 1,476.58 per month $1,409.53 Principal & Interest $0.00 Property Tax (data not provided by mls) $67.05 Homeowner's Insurance
2309 Clancy Avenue | MLS# 712856
This multi-family property located at 2309 Clancy Avenue, Morristown, TN 37814 is currently listed for sale with an asking price of $229,900. Search Morristown real estate on www.franklinrealty.com today.