$1,175,000
FOR SALE1320/103 N Henry Street, Morristown, TN 37814
Morristown, Tn, 37814
MLS #710345
Subdivision: -
Building: 1320103 N Henry Street
4 Beds
4/- Baths
19602 sqft
$ 59.94 /sqft
Take advantage of this stabilized, income-producing multifamily portfolio featuring two apartment buildings totaling 12 units, ideally positioned on two separate streets while still conveniently close to local amenities, shopping, dining, and everyday necessities.Each of the twelve units is a 1 bedroom, 1 bathroom layout and the property is 100% occupied. Two units have already been renovated, offering immediate upside and a clear value-add path for a new owner looking to continue strategic improvements over time.The current owner covers property taxes, insurance, pest control, and landscaping, helping maintain the asset and curb appeal, while tenants are responsible for all utilities, keeping operating expenses more efficient.With steady in-place cash flow and room to enhance returns through additional renovations and future rent growth, this is a strong opportunity for investors seeking a well-performing multifamily asset in a convenient location.
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Listing Courtesy of: REMAX Real Estate Ten Midtown
