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BJ Can Help You Purchase This Unit
Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!
926 E Main St, Morristown, 37814
Priced At: $249,900
Property Details for ID: 1316330
SqFt: 0
Price SqFt: n/a
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-10-16T14:54:45Z
Public Remarks: 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!
Schools Information
Elementary School: HillcrestMiddle / Junior School: Meadowview
High School: Morristown East
Building Description
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
Annual Operating Expenses: 4,435
Net Operating Income: 24,965
HOA Information
Heating & Cooling
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
From Andrew Johnson Hwy turn onto Evans Ave, Turn Left onto E Main St, Property on Left
Your commute
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Mortgage Calculator
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use BJ Swinehart
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!