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Public Remarks: This Multi-Family property has a very solid income potential It consists of 14 renovated units directly across from the Claiborne Medical Center. Main brick building has 8 units, the smaller building has 2 units, and the 2-story house has 4 units. Each unit has new Kitchen Appliances, new individual split Heat and Air systems, Flooring and Paint. Each unit has its own electric meter not shared. There is a laundry room with full Washer/Dryer hook-ups in the main building and in the House with 4 units. Units 1-3 are 1-bedroom/ Bath/Kitchen Unit 4 has 1-Bedroom/Bath/Kitchen+ a bonus room. Units 5-12 are 2-Bedroom/ Bath/ Kitchen Unit 13 is a 3-Bedroom/Bath/ Kitchen Unit 14 is a 2-Bedroom/Bath/Kitchen + bonus room. The area has a very small amount of rental property for residence and for the Medical Center. Because of the separation of the buildings, this is a great opportunity to house Doctors, Traveling Nurses, Students of LMU University, Families of patients and the local community.
From Morristown take 25 E toward Tazewell. Turn Left on North Broad St. About 3 blocks down, turn right on to Hardin St. and then left on Epps St. The property is on the right-hand side. The property consists of 3 buildings sitting directly across the corner from the Claiborne Medical Center.
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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. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
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