SOLD! 2630 Stonebrook Ln, Morristown, TN
Multi-family for Sale - $159,900 - 2,240 Sq. Ft. on 0.97 acres
Property Info
CIMLS# | 1065998 |
Location SOLD! 2630 Stonebrook Ln Morristown TN 37814 | |
Updated | February 17th, 2020 |
Type | Multi-family |
Price | $159,900 |
Building | 2,240 Sq. Ft. |
Land | 0.97 acres |
Property Description
Brick and vinyl duplex with both sides rented offered for sale. Built in 2006, these units are well maintained. Each side has 3 levels: basement/garage, main level features living room, dining room, laundry closet, kitchen, and half bath; upstairs is 2 bedrooms and a full bathroom. Each side has a deck on back side of unit. Tenants responsible for their own lawn care. Also included in sale is Lot 26 which lies to the left of the duplex. Live in one side and rent out the other to pay the mortgage! Great income generating property; currently taking in $1300/mo.
Financials
$1300/month income between the 2 units. County taxes $1352/year. Maintenance expense $500/year. Insurance expense $1650/year. NOI $12098