Investor Alert in Downtown Morristown! Seize the chance to own a fully leased, cash-flowing duplex in the heart of Morristown. With a gross annual income of $22,800, low operating expenses, and a strong net income of $20,700, this property currently delivers an impressive 10.4% cap rate. Both units are secured with leases in place through August & September 2026, providing stable, long-term income for the next owner. Tenants enjoy off-street parking and a central location just minutes from shopping, dining, medical facilities, and all that downtown Morristown has to offer. Whether you're searching for your first investment property or looking to expand your portfolio, this duplex offers an affordable entry point with reliable returns. Opportunities like this don't last!
Sold for $185,000
Zillow last checked:
Listing updated:
Bought with:
Non Member
Non Member - Sales
Source: Lakeway Area AOR,MLS#: 709106
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Sold | $185,000-7.5% |
Source:  Lakeway Area AOR #709106 Report a problem | ||
| 10/28/2025 | Pending sale | $199,900 |
Source: Lakeway Area AOR #709106 Report a problem | ||
| 9/23/2025 | Listed for sale | $199,900 |
Source: Lakeway Area AOR #709106 Report a problem | ||
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