7050-7064 Armory Road, Newport, TN 37821

ATTENTION INVESTORS! Fully leased triplex, each unit has two bedrooms and one bath. All units have long term tenants who are on a month to month lease. Rent was increased from $400/month to $800/month in August 2022. Tenants pay their own utilities, water is part of the electric bill.  Each meter is separate with no owners panel.  There is also seven large storage units and one small storage unit on the property, currently three are leased. Owner pays for lawn care and a security light on the property.  Sitting on 1.83 acres, tons of potential!