926 Main ST new Save Request In-Person Tour Request Virtual Tour
Morristown,TN 37814
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,352 sqft
Price per Sqft $106
MLS Listing ID 9986152
Style Victorian
HOA Y/N No
Year Built 1900
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 68'x149'
Property Sub-Type Multi Family
Source Tennessee/Virginia Regional MLS
Property Description
Turn-Key Triplex in the Heart of Morristown—Fully Leased & Cash-Flowing
Expand your portfolio with this income-producing triplex offering three rentable spaces: two side-by-side main-level units plus a basement efficiency—each occupied on annual leases. Current figures show approx. $29,400 gross annual income, $24,965 estimated net income, and an approx. 10% cap rate based on present leases and expenses. Recent improvements include a newly renovated bathroom in Unit B and an improved crawl space for peace of mind. Tenants enjoy 1-2 off-street parking spaces per unit and a convenient location close to shopping, dining, and major thoroughfares. If you're seeking steady cash flow in a prime Morristown setting, this property checks the boxes—schedule your showing today.
Location
State TN
County Hamblen
Area 0.23
Zoning LI
Direction From Andrew Johnson Hwy turn onto Evans Ave, Turn Left onto E Main St, Property on Left
Rooms
Basement Exterior Entry,Finished,Walk-Out Access
Interior
Heating Electric,Heat Pump,Other, Electric
Cooling Heat Pump,Window Unit(s)
Appliance Range,Refrigerator
Heat Source Electric,Heat Pump,Other
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Parking Features See Remarks
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Roof Type Shingle
Topography Cleared
Building
Story 1
Entry Level One
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories 1
Structure Type Vinyl Siding
Schools
Elementary Schools Hillcrest
Middle Schools Meadowview
High Schools East High
Others
Senior Community No
Tax ID 008.00