Pat McCollum Can Help You Purchase This Unit

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831 Cave St, Morristown, 37813

Priced At: $265,000


Listing Videos - 2

Property Details for ID: 1314038

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SqFt: 1,740
Price SqFt: $152
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Pending - Continue to Show - Inspection
Property Type: MultiFamily
On Market Date: 2025-09-03T01:33:20Z
Subdivision: Cave St Add

Public Remarks: DUPLEX IN MORRISTOWN - FULLY RENTED - TENANTS PAY ALL UTILITIES - NEW ROOF 8/25 This fully rented, duplex offers a fantastic investment opportunity in a prime location, just minutes away from essential amenities. Built in 1960, the property has been well maintained and is ready for its next owner. This opportunity features a new roof, gutters, and HVACS. Additionally, there are washer/dryer connections, individually metered utilities with central air. This property is fully rented, ensuring a steady income stream. With its location near major retail and dining options, and access to highways and public services, this duplex is an ideal addition to your portfolio if you are just getting started or have been in the business a while. As Cave St is fully rented, we have included current videos of each unit for viewing. No sign on property and we respectively request that you do not disturb the residents.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1960
SqFt (Total): 1,740
Sub-Type: Duplex
Sale Includes: Building and Land
Unit Type(s): 2 Bedroom Unit

  Exterior Features

Features: Patio
Construction: Frame - Brick
Siding: Brick

  Appliances

Range, Refrigerator

  Room Dimensions

  Interior Features

Floors: Laminate
Other Rooms: Mstr Bdrm Main Level
Misc Features: WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, FHA, VA Loan
Gross Annual Income: 23,040
Annual Operating Expenses: 5,547
Net Operating Income: 17,493

  HOA Information

Restrictions: No

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

On Premise Parking, On-Street Parking

  Community Features

Outbuildings


Presented By: / Goldman Partners Realty, LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Take I-81 to exit 8 to Morristown. 0.5 miles turn right onto Davy Crockett Pkwy to Cumberland Gap Park, in 2 miles turn left onto Old Highway 25E, in 3.3 miles turn right onto Brown Ave. In 0.2 miles turn left onto Center St, then right onto Hedrick St. Hedrick ends at Cave St and the duplex will be directly in front of you at the intersection of Hedrick & Cave.



Your commute

( Departing today at 8:00am )


Near By Properties (click flag to view)

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