This duplex is fully occupied with tenants currently in place, generating a combined monthly rental income of $1,430. With immediate cash flow, established occupancy, individual electric and water meters for each apartment, and the potential to achieve top-of-market rent, this property offers an excellent addition to any investment portfolio. The neighboring duplex at 1542-1544 Shields Ferry Road is also available for purchase, presenting a unique opportunity for investors looking to acquire multiple income-producing properties in the same area.Whether you are a seasoned investor or looking to enter the rental market, this property offers strong potential for consistent income and long-term appreciation in a growing market.Please contact the listing agent to schedule all showings.
Listed By
Agency Name: The Cate Group, Realty & Property Management LLC
Agency Phone: (865) 350-6411
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 684.69 per month $605.35 Principal & Interest $0.00 Property Tax (data not provided by mls) $79.33 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
1562-1564 Shields Ferry Road | MLS# 708973
This multi-family property located at 1562-1564 Shields Ferry Road, Morristown, TN 37814 is currently listed for sale with an asking price of $272,000. Search Morristown real estate on online.fusion2b.com today.