$1,200,000
Morristown, TN 37814
MLS# 9966152
Status: Closed
1650 sqft
1 / 13
Property Description
13 - 1 bedroom apartments and 1 - 2 bedroom apartment with a full basement. Total current gross income is $126000 annually. Pest control contract - $150 every 3 months. Water runs approximately $450-$475 per month. Laundry room brings in approximately $300 per month with an $80 expense for gas. Also you could rent out the 7833 square foot basement.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 048 018.07
Deed Book #: 1825
Deed Page #: 533
City Taxes: 2347.52
County Taxes: 2951.17
Contract Info
List Price/SqFt: 969.7
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 1600000
Current Price: $1,200,000
Listing Date: 2024-05-22
General Property Description
Lot Dimensions: 155 frontage
Acres: 1.6
Zoning: business
Elementary School: Alpha
Middle School: West View
Total Units: 14
High School: Morristown West
Stories: 1
HOA Y/N: No
Property Sub-Type: Multi Family
Year Built: 1979
Total SqFt: 1650
Remarks & Misc
Directions: On West Andrew Johnson across the highway from Morristown Chevrolet turn onto Panda Drive and the property will be on the left.
Exterior Finish
Wood Siding: 1
Unit 1
# Bedrooms: 1
# Bathrooms: 1
SqFt: 550
Monthly Rent: 600
Unit 2
# Bedrooms: 1
# Bathrooms: 1
SqFt: 550
Monthly Rent: 750
Style
Traditional: 1
Roof
Metal: 1
Unit 3
# Bedrooms: 1
# Bathrooms: 1
SqFt: 550
Monthly Rent: 600
Levels
One: 1
Unit 4
# Bedrooms: 1
Monthly Rent: 750
Heating
Central: 1
Electric: 1
Natural Gas: 1
AC
Central Air: 1
Water
Public: 1
Sewer
Public Sewer: 1
Appliances
Dryer: 1
Electric Range: 1
Gas Range: 1
Refrigerator: 1
Washer: 1
Topography/Lot Description
Level: 1
Flooring
Vinyl: 1
Easements
None: 1
Basement
Block: 1
Concrete: 1
Crawl Space: 1
Exterior Entry: 1
Full: 1
Unfinished: 1
Structure Type
House: 1
Location Tax Legal Info
Street #: 141
Street Name: Panda
St Suffix: Drive
County: Hamblen
State/Province: TN
Zip Code: 37814
Status Change Info
Date Pending: 2024-08-28
Sold Date: 2024-09-30
Sold Price: $1,200,000
Property Features
Style: Traditional
Levels: One
Exterior Finish: Wood Siding
Appliances: Dryer; Electric Range; Gas Range; Refrigerator; Washer
Flooring: Vinyl
Roof: Metal
Heating: Central; Electric; Natural Gas
Water: Public
Sewer: Public Sewer
Basement: Block; Concrete; Crawl Space; Exterior Entry; Full; Unfinished
AC: Central Air
Structure Type: House
Easements: None
Listing Office: Century 21 Masengill-McCrary Realtors
Last Updated: October - 03 - 2024
Information deemed reliable but not guaranteed.