$329,900
FOR SALE1403 Moyer Lane, Morristown, TN 37814
Morristown, Tn, 37814
MLS #713335
Subdivision: -
Building: 1403 Moyer Lane
4 Beds
-/- Baths
19166.4 sqft
$ 17.21 /sqft
Here's a rare chance to pick up a income-producing duplex in one of Morristown's most convenient locations. Both sides are currently leased, and at the asking price this property delivers a 7% cap rate from day one.Each side offers 2 bedrooms, 1 bath, and 1,164 sq ft of living space, plus a private attached garage and in-unit laundry on the lower level. The downstairs also features an extra finished room that works well as a spare bedroom, home office, or hobby space, giving tenants more usable space than a typical duplex and helping keep long-term renters happy.Location is a big part of the appeal. Situated on the west end of Morristown, you're minutes from the hospital, local restaurants, shopping, and everyday amenities. Quick access to the interstate puts Knoxville and Sevierville within 30 to 45 minutes, which broadens your tenant pool to commuters and healthcare workers alike.With both units leased, strong rental demand in the area, and the added value of garages and flex space, this is a hands-off addition to any investor's portfolio.Contact us today to schedule a showing or request the rent roll and financials.
-
The data relating to real estate for sale on this web site comes in part from various real estate boards and MLSs across the United States.
Information is deemed reliable but not guaranteed. Copyright, all rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Listing Courtesy of: REMAX Real Estate Ten Midtown
