106 King Ave, Morristown, TN 37814
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106 King Ave, Morristown, TN 37814
106 King Ave, Morristown, TN 37814
106 King Ave, Morristown, TN 37814
106 King Ave, Morristown, TN 37814
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Lori Steel

Lori Steel

+1(865) 282-0554
$ 785,000
Est. payment /mo
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Price Dropped by $10K

106 King Ave Morristown, TN 37814

4,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $174

MLS Listing ID 1330487

Year Built 1974

Source East Tennessee REALTORS® MLS

Property Description

106 King Avenue is a five-unit multifamily investment opportunity located in Morristown, Tennessee. The property features a diverse unit mix, including two 2 bed / 1 bath units, two 1 bed / 1 bath units, and one 4 bed / 2 bath unit, appealing to a broad tenant base and supporting a projected annual income of $75,600. Over $150,000 in recent capital improvements have been completed including a new roof, updated HVAC systems, electrical and plumbing upgrades, and new windows and doors. This property is located centrally in Morristown with convenient access to I-81 and numerous employers and retailers.

Location

State TN

County Hamblen County - 38

Rooms

Other Rooms Bedroom Main Level

Interior

Heating Central

Cooling Central Cooling

Flooring Carpet, Vinyl

Appliance Microwave, Range, Refrigerator

Heat Source Central

Exterior

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Shingle

Garage No

Building

Faces From E Morris Blvd turn left onto S Liberty Hill Road. Then turn left onto E Main St. Turn right onto King Ave. The property is on the right.

Structure Type Frame

Schools

Elementary Schools Hillcrest

Middle Schools Meadowview

High Schools Morristown East

Others

Tax ID 034G A 001.02

Energy Description Other Fuel

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional

Listed by PWA Properties
Lori Steel

Lori Steel

Agent | License ID: 383660

+1(865) 282-0554

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106 King Ave