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1405 Taft Street, Morristown, TN 37814

$1,249,900
  • 1405 Taft Street, Morristown, TN 37814 Main Photo

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Active
BEDS15 BATHS0 SQUARE FEET6,459 MLS#711309
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Turnkey investment opportunity in Morristown featuring a 4-property portfolio with 6 total doors, including two duplexes. Addresses include 1405 Taft St, 2748 Northview Dr, 523 W Charles St, and 1037 McFarland St. All units are currently occupied with established tenants in place, providing immediate, stable cash flow from day one.Each property has been well maintained, and the portfolio performs at a strong 9% cap rate based on current rents and list price, making this an attractive addition to any investor's portfolio. Detailed descriptions, photos, and financial insight are available for each individual property, all of which are also listed separately--offering flexibility to purchase as a package or individually. Opportunities like this with solid returns, multiple doors, and consistent occupancy in a growing market are hard to come by.

1405 Taft Street | MLS# 711309

This multi-family property located at 1405 Taft Street, Morristown, TN 37814 is currently listed for sale with an asking price of $1,249,900. Search Morristown real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.23 Acres
Year Built: 1981

Units

Unit Type 1:
Bedrooms: 7
Rent: $3900.00
Square Footage: 2822.00
Unit Type 2:
Bedrooms: 4
Rent: $3000.00
Square Footage: 1803.00
Unit Type 3:
Bedrooms: 2
Rent: $1500.00
Square Footage: 1080.00
Unit Type 4:
Bedrooms: 2
Rent: $1500.00
Square Footage: 754.00

Feature Descriptions

Days on Site: 7
Parcel #: 025H A 05900 000
Water: Public

Listed By / Shown By

Listed By

Agency Name: RE/MAX Real Estate Ten Midtown
Agency Phone: (423) 581-8881

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Lakeway MLS

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Estimated Payment

$ 3,146.29 per month $2,781.74 Principal & Interest $0.00 Property Tax (data not provided by mls) $364.55 Homeowner's Insurance

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