Investment Opportunity in Morristown, TN - Duplex with Strong Cash Flow!Don't miss this solid income-producing duplex located just outside the Morristown city limits, offering the benefit of county-only taxes while still being just minutes from the Morristown Mall, grocery stores, dining, and everyday conveniences.Both units are fully occupied, providing immediate and consistent rental income from day one. With current rents, this property is performing at approximately a 10% cap rate relative to the list price, making it an attractive option for both seasoned investors and those looking to get started in real estate investing.Each unit offers comfortable living spaces with functional layouts, spacious living areas, and well-maintained interiors. The property features a low-maintenance exterior, ample parking, and a convenient location that continues to attract long-term tenants.Whether you're looking to expand your portfolio or secure a reliable, cash-flowing asset, this duplex checks all the boxes with strong returns, stable occupancy, and a prime location.
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
Estimated Payment
$ 2,183.08 per month $2,083.95 Principal & Interest $0.00 Property Tax (data not provided by mls) $99.14 Homeowner's Insurance
2748 Northview Drive | MLS# 711306
This multi-family property located at 2748 Northview Drive, Morristown, TN 37814 is currently listed for sale with an asking price of $339,900. Search Morristown real estate on www.franklinrealty.com today.