$700,000
Morristown, TN 37813
MLS# 9974013
Status: Closed
1 / 8
Property Description
This property is an excellent opportunity to expand your investment portfolio, generating an annual income of over $75,000. With 7 one-bedroom units and essential upgrades already completed, this property ensures long-term value and offers the potential for low maintenance for years to come. Convenient East Tennessee location and attractive features make this a must-see for serious investors.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 050 134.02
Deed Book #: 2022
Deed Page #: 662
City Taxes: 0
County Taxes: 1530.3
Contract Info
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 749900
Current Price: $700,000
Listing Date: 2024-12-02
General Property Description
Lot Dimensions: 188 x 127 x 135 x 1 79
Acres: 0.4
Zoning: Commercial
Elementary School: Union Heights
Middle School: East Ridge
Total Units: 7
High School: Morristown East
HOA Y/N: No
Property Sub-Type: Multi Family
Year Built: 1976
Remarks & Misc
Directions: From W Morris Blvd turn onto S Cumberland St. Turn left onto SR-160 South. Turn left onto Bethel Rd. Turn left. The home is on your right
Property Condition
Updated/Remodeled: 1
Exterior Finish
Block: 1
Vinyl Siding: 1
Unit 1
# Units: 7
# Bedrooms: 7
# Bathrooms: 7
Style
Other: 1
Roof
Metal: 1
Levels
Two: 1
Heating
Other: 1
AC
Other: 1
Water
Public: 1
Sewer
Septic Tank: 1
Appliances
Electric Range: 1
Refrigerator: 1
Topography/Lot Description
Level: 1
Flooring
Luxury Vinyl: 1
Easements
None: 1
Parking Features
Parking Pad: 1
Porch/Patio/Deck
Deck: 1
Walls
Drywall: 1
Structure Type
Multi Family: 1
Location Tax Legal Info
Street #: 3241
Street Name: Enka
St Suffix: Highway
County: Hamblen
State/Province: TN
Zip Code: 37813
Status Change Info
Date Pending: 2024-12-13
Sold Date: 2025-01-30
Sold Price: $700,000
Property Features
Property Condition: Updated/Remodeled
Style: Other
Levels: Two
Exterior Finish: Block; Vinyl Siding
Appliances: Electric Range; Refrigerator
Flooring: Luxury Vinyl
Roof: Metal
Parking Features: Parking Pad
Heating: Other
Water: Public
Sewer: Septic Tank
AC: Other
Structure Type: Multi Family
Walls: Drywall
Easements: None
Listing Office: Greater Impact Realty Lakeway
Last Updated: January - 31 - 2025
Information deemed reliable but not guaranteed.