$444,900
FOR SALE1405 Taft Street, Morristown, TN 37814
Morristown, Tn, 37814
MLS #711305
Subdivision: -
Building: 1405 Taft Street
7 Beds
4/1 Baths
10018.8 sqft
$ 44.41 /sqft
Spacious Duplex with Strong Returns - Prime Morristown LocationOpportunity knocks with this large, income-producing duplex offering a total of 2,822 square feet in a highly convenient Morristown location just minutes from the highway for easy access to town and surrounding areas.This unique property features two sizable units:One unit offers an impressive 5 bedrooms and 3 bathrooms, ideal for maximizing rental potentialThe second unit includes 2 bedrooms and 2 bathrooms, providing a comfortable and desirable layout for tenantsBoth units are currently occupied, delivering immediate cash flow with current rents supporting approximately a 9% cap rate relative to the list price.With its generous size, flexible layout, and strong income performance, this property stands out as a great addition to any investment portfolio. The convenient location near major roadways and everyday amenities helps support long-term tenant demand and consistent occupancy.If you're looking for a larger duplex with solid returns and built-in income, this one is worth a closer look.
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Listing Courtesy of: REMAX Real Estate Ten Midtown
