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.
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
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 InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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.