$799,000
FOR SALE106 King Ave, Morristown, TN 37814
Morristown, Tn, 37814
MLS #1305778
Subdivision: -
Building: -
- Beds
-/- Baths
- sqft
$ - /sqft
This multifamily investment at 106-114 King Avenue in Morristown, TN features five units with a diverse mix of floor plans and a total projected annual income of $75,600. The unit breakdown includes two 2 bed / 1 bath units, two 1 bed / 1 bath units, and one large 4 bed / 2 bath unit, appealing to a wide range of renters.The property has undergone over $150,000 in recent capital improvements, including a new roof, updated HVAC systems, electrical and plumbing upgrades, and new windows and doors throughoutoffering investors a truly turnkey asset.A detached garage provides an additional $150/month in income, further enhancing returns. Situated in a growing submarket with strong rental demand, this property presents a compelling opportunity for investors looking for immediate cash flow with long-term upside.
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Listing Courtesy of: SVN I Wood Properties
