518 Sunrise Ave Morristown, TN 37813

Listing details for 518 Sunrise Ave, Morristown, TN 37813 : INVESTOR'S DIAMOND IN THE ROUGH! ZONED R2! YOU CAN BUILD A DUPLEX ON THE 2ND LOT, SELL OR RENT FOR MONTHLY PROFIT! Centrally located half a mile from nearby Jr High, High School, Technical College, and parks, this 1,110 sqft home is ready for your Midas Touch to make this home golden again. NEW roof, NEW siding, NEW water heater, FINISHED DETACHED GARAGE (sheetrocked and painted) behind the main house that could very easily be converted into extra living quarters, an in-law suite, or an income-producing studio! Live in that while fixing the house. This two-tax-lots sub-dividable fixer is ready for cash, conventional, or fix & flip loan purchase. This is a wonderful fixer of a home with great bones. Currently has 3 beds 1 bath, can become a 3/2 with a small addition. This house features a living area separated from the kitchen by a wall that could easily be removed for a fantastic and modern open concept. Design plans are available for purchase from an affiliated company that can be hired to help with design, build, and also help get a loan for the potential buyer. Foundation is continuous footing, per TN Assessment Data. Buyer and/or Buyer's Agent to do all due diligence. Comes with parcel 18.01 immediately to the right of the house (800 S Jackson St), which is a separate tax lot: 2021 taxes city ($45.50) county ($57.20), TOTAL - $102.70