Multifamily Investment Opportunity in
106 King Ave Morristown, TN 37814
106 King Ave, Morristown, TN, 37814
Contact for pricing
For Sale
Contact for pricing
Five-unit multifamily property with recent capital improvements and diverse unit mix.
Property Size4,500 SF
Price / SF$174.44
Days on Market144
Property Features for 106 King Ave
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1974
Listing Agency
PWA Properties
(865) 936-9999
Listed by
Cohl Morgan · License #351465
Source
Crexi
Added: Feb 24 Checked: Jul 17 at 10:16 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PWA Properties
Investment Insights
Based on property information with market context.
Located in Morristown, Tennessee, the property at 106 King Avenue presents a five-unit multifamily investment opportunity. The building contains a diverse unit mix, including two 2-bedroom, 1-bath units, two 1-bedroom, 1-bath units, and one 4-bedroom, 2-bath unit. 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. The building has a total size of 4,500 square feet. The property is centrally located in Morristown, providing convenient access to I-81 and various employers and retailers. The property supports a projected annual income of $75,600.
Key Highlights
- Substantial recent capital improvements (over $150,000) including new roof, updated HVAC, electrical and plumbing upgrades, and new windows/doors.
- Projected annual income of $75,600.
- Diverse unit mix (two 2/1s, two 1/1s, and one 4/2) appealing to a broad tenant base.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Five-unit multifamily property with recent capital improvements and diverse unit mix.
Where is this apartment building located?
The property is located at 106 King Ave Morristown, TN.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Substantial recent capital improvements (over $150,000) including **new roof, updated HVAC, electrical and plumbing upgrades, and new windows/doors.**; Projected annual income of $75,600.; Diverse unit mix (two 2/1s, two 1/1s, and one 4/2) appealing to a broad tenant base.
