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Courtesy of Real Broker

Sold

1402/1404 Hicks Rd

1402/1404 Hicks Rd, Jefferson City, TN 37760

$702,000

TWO ALL BRICK TRIPLEXES with metal roofs, city water/sewer and paved parking now available (6 total units)! Each unit is 2BR/1BA, with separate laundry room, tenants pay their own utilities and all are on month to month leases, so new owner has flexibility to change lease terms!

The average rent for a 2BR apt in Jefferson City is $1,400/mo (per https://www.zumper.com/rent-research/jefferson-city-tn as of Nov 2024).

Current leases: (4) tenants pay $1,100/mo and (2) tenants pay $1,200/mo. Estimated monthly expenses: Insurance $177 / Lawn Care $170 / City/County Taxes $347.

All built-in kitchen appliances and (3) sheds convey to buyer. Washers/Dryers belong to tenants.

Location less than half a mile to 11E and approx. 7 miles to I-40, gives easy access to Jefferson City, Morristown, Sevier Co and more!

Rent roll, FAQ's & leases available in associated docs.

Please note: buyer to verify all info, shaded areas in photos are lot line approximations and drone photos not indicative of view.

Studio

5,084 Sq.Ft. LIVING AREA

Lisa Brown

title Real Estate Broker
PHONE (423) 312-9919
EMAIL [email protected]
DRE # 319845

Features & Amenities

Interior

total bedrooms0
Flooring Laminate, Carpet, Tile
APPLIANCES Range, Refrigerator

Area & Lot

Status Sold
Date Sold January 10, 2025
Living Area5,084 Sq.Ft.
Total Area5,084 Sq.Ft.
MLS® ID1281497
TypeMulti-Family
YEAR BUILT1995
NeighborhoodJefferson City
High SchoolJefferson County

Exterior

parkingOn Premise Parking, Off-Street Parking
HEAT TYPECentral, Electric
AIR CONDITIONINGCentral Cooling
other exterior FeaturesPorch - Covered, Deck

Financial

Sales Price$702,000

Jefferson City

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A client-first approach, strong market knowledge, and a commitment to integrity guide every step of the real estate process. Lisa combines personalized service with up-to-date market insight to help buyers and sellers throughout East Tennessee navigate their goals with confidence and care.

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Contact Details

Lisa Brown

Phone

(423) 312-9919

[email protected]

Phone

(423) 586-4115

Address

365 E Economy Rd Morristown, TN 37814

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