311 E 4th North St, Morristown, TN 37814
- Sqft
- 1,696
View property features, location on map, relevant school information and overview from seller's agent.
- 1
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Overview
Investor Alert in Downtown Morristown! Seize the chance to own a fully leased, cash-flowing duplex in the heart of Morristown. With a gross annual income of $22,800, low operating expenses, and a strong net income of $20,700, this property currently delivers an impressive 10.4% cap rate. Both units are secured with leases in place through August & September 2026, providing stable, long-term income for the next owner. Tenants enjoy off-street parking and a central location just minutes from shopping, dining, medical facilities, and all that downtown Morristown has to offer. Whether you're searching for your first investment property or looking to expand your portfolio, this duplex offers an affordable entry point with reliable returns. Opportunities like this don't last!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 1,696
- Year built
- 1949
Utilities
- Heating
- Heat pump, Electric
- Cooling
- Central air
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: East Tennessee Realtors MLS®#: 1316331 Last checked: …
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