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848 Spencer Hale Rd, Morristown, TN, 37813

1beds
1baths
422sqft
$130,000
$308price/sqft
$1,040/moest. monthly cost
$41,600/yrincome needed

About This Home

Investor opportunity you don't want to miss! Welcome to 848 Spencer Hale Rd in the heart of Morristown. An updated, income-producing property that's ready to go from day one. This 1-bedroom, 1-bath home was completely renovated in 2023, offering peace of mind and modern appeal with a brand new roof, HVAC system, windows, kitchen, flooring, and bathroom, everything has been done for you! Inside, you'll find a clean, stylish space featuring granite countertops and updated finishes throughout, making it attractive to current and future tenants alike. Best of all, the home is already rented, providing immediate cash flow for its next owner or keep it for your own personal home. Whether you're just getting started in real estate investing or looking to expand your portfolio with a true turnkey property, this one checks all the boxes, low maintenance, updated, and income-producing from day one. Conveniently located near everything Morristown has to offer, this is an easy addition to any portfolio. Schedule your showing!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

6/10
Witt Elementary SchoolGrades PK-50.9 mi
7/10
5/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1939

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Block,Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave,Refrigerator,Tankless Water Heater,Washer/Dryer Stacked
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Cathedral Ceiling(s),Granite Counters,High Speed Internet,Recessed Lighting
  • Window features: Double Pane Windows
  • Flooring: Luxury Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 422

Heating & Cooling

  • Heating features: Central,Heat Pump
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total interior livable area: 422 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bathroom

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 143.01

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Deck,Front Porch
  • Exterior features: Rain Gutters
  • Fencing: None
  • Waterfront features: Creek
  • Frontage type: Other

Lot

  • Lot size: 8,712 sqft
  • Features: Front Yard,Level
  • Lot size dimensions: 106 x 200