106 King Ave | Morristown, TN 37814
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- LoopNet Team
106 King Ave
Morristown, TN 37814
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- 5 Total Units in Morristown, TN
- Unit Mix: (2) 2BR/1BA, (2) 1BR/1BA, (1) 4BR/2BA
- Detached Garage Generates $150/Month Additional Income
- $75,600 in Annual Rental Income
- $150K+ in Recent CapEx: Roof, HVAC, Electrical, Plumbing, Windows, Doors
- Turnkey Investment with Strong Cash Flow
PROPERTY FACTS
| No. Units | 5 | Building Size | 4,500 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1974 |
| Apartment Style | Low-Rise | Parking Ratio | 0.89/1,000 SF |
| Lot Size | 0.37 AC | ||
| Zoning | LB | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.37 AC |
| Building Size | 4,500 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 0.89/1,000 SF |
| Zoning | LB |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Kitchen
- Oven
- Range
- Tub/Shower
- Views
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Picnic Area
- Playground
- Grill
- Trash Pickup - Curbside
- Walk-Up
PROPERTY TAXES
| Parcel Number | 034G-A-001.02 | Improvements Assessment | $107,240 |
| Land Assessment | $19,440 | Total Assessment | $126,680 |
PROPERTY TAXES
Parcel Number
034G-A-001.02
Land Assessment
$19,440
Improvements Assessment
$107,240
Total Assessment
$126,680
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