1320 Converse StMorristown, TN 37814

This exceptional 12-unit apartment building presents a compelling investment opportunity in Morristown, Tennessee. Located at 1320 N. Henry Street and 103 W. Converse Street, this multifamily property boasts a prime location near West Elementary School and local amenities, ensuring consistent tenant demand. The property comprises twelve one-bedroom units, generating a gross monthly income of nearly $11,000. The property is classified as both multifamily and commercial, offering flexibility and potential for future development. Situated in Hamblen County, TN, zip code 37814, the property's convenient location offers easy access to a nearby market and the town center. The current owner handles lawn maintenance at a cost of $200 per month. The asking price for this high-yield investment is $1,200,000. Detailed financial records are available upon request. This property represents a rare opportunity to acquire a well-maintained, income-producing asset in a thriving Tennessee community. The property's strong rental history and desirable location make it an ideal investment for both seasoned and novice investors seeking stable returns and potential for appreciation. Further information regarding the property's financials and operational details can be provided upon request. Don't miss this chance to secure a profitable addition to your investment portfolio.