7 Apartments; 6 Studio and One 2-Bedroom Apartment
Multi-Family
for Sale
| Catylist Listing ID: |
30793712 |
| Property Subtypes: |
Duplex/Fourplex, Other
|
| Number of Units: |
7 Units |
| Building Size (RSF): |
1,575 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.36 Acres
|
| Sale Price: |
$350,000 |
| Unit Price: |
$50,000 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/25/2022 |
Overview / Comments
|
Investment Opportunity, 7 Unit Apartments located in the center of Morristown, 6 Studio Apartment and one 2-Bedroom apartment, public water and public sewer, on-site parking, located at the end of the street providing some privacy, apartments stay rented and have a solid rental history, metal roof 7 years old,
|
Additional Details
| Nearest MSA: |
Morristown |
| County: |
Hamblen |
| Tax ID/APN: |
032042AG01500 |
| Zoning: |
COMMERCIAL |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Number of Stories: |
2 |
| Year Built: |
1965 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick/Vinyl Siding |
| Parking Type: |
Surface |
| Parking Description: |
On-Site Parking for the 7 Units plus additional parking also |
| Total Parking Spaces: |
10 |
| Heat Type: |
Electricity |
| Fuel: |
Electric |
| Internet Access: |
Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,961 |
29,660 |
48,639 |
| Median Age: |
33.62 |
37.03 |
38.94 |
| Households: |
3,111 |
11,615 |
19,129 |
|
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