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$799,000
-- Bed
- -- Bath
--sqft
106 King Ave, Morristown, TN 37814
$799,000
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Multi Family
Built in 1974
$-- HOA
-- sqft lot
--/sqft
Description
This multifamily investment at 106-114 King Avenue in Morristown, TN features five units with a diverse mix of floor plans and a total projected annual income of $75,600. The unit breakdown includes two 2 bed / 1 bath units, two 1 bed / 1 bath units, and one large 4 bed / 2 bath unit, appealing to a wide range of renters. The property has undergone over $150,000 in recent capital improvements, including a new roof, updated HVAC systems, electrical and plumbing upgrades, and new windows and doors throughout—offering investors a truly turnkey asset. A detached garage provides an additional $150/month in income, further enhancing returns. Situated in a growing submarket with...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1974
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
East Tennessee REALTORS® MLS
MLS Number
1317688
MLS Status
Active
Days on Market
60
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