Turnkey Renovated Duplex in Morristown, TennesseeExcellent investment opportunity in West Hamblen County! This fully renovated duplex offers two separate 2-bedroom, 1-bath units situated on a 0.37-acre lot just off Central Church Road. One unit is currently available for rent, providing an opportunity for a new owner to establish rental income at current market rates.Each unit has been extensively updated with new LVP flooring, kitchen cabinets, countertops, stainless steel appliances, updated bathrooms, new windows, and fresh interior and exterior paint. Exterior improvements include new siding, gutters, decks, and updated heating and cooling systems, along with an existing metal roof.Designed with rental functionality in mind, each unit features its own private entrance and separate driveway, providing added privacy and convenience for tenants. The property offers comfortable outdoor space while remaining manageable for an investment property.Based on anticipated market rents of approximately $1,000-$1,200 per unit, the property has the potential to generate approximately $2,000-$2,400 in gross monthly rental income when fully occupied, subject to market conditions and lease terms.Whether you're adding to an existing rental portfolio or purchasing your first multifamily investment, this renovated Morristown duplex offers a strong combination of updated condition, rental potential, and low initial make-ready requirements.
Listed By
Agency Name: The Cate Group, Realty & Property Management LLC
Agency Phone: (865) 350-6411
Shown By
Agent Name: Trina Ruiter
Agent Phone: (865) 325-2793
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 805.26 per month $711.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $93.30 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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2860 Blue Ridge Drive | MLS# 712928
This multi-family property located at 2860 Blue Ridge Drive, Morristown, TN 37814 is currently listed for sale with an asking price of $319,900. Search Morristown real estate on trina.crye-leike.com today.