Morristown, TN 37814,5305 Andrew Johnson Hwy
Morristown, TN 37814,5305 Andrew Johnson Hwy
Morristown, TN 37814,5305 Andrew Johnson Hwy
Morristown, TN 37814,5305 Andrew Johnson Hwy
Morristown, TN 37814,5305 Andrew Johnson Hwy
Morristown, TN 37814,5305 Andrew Johnson Hwy
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$1,200,000

$2,500,000

52.0%
Est.Price: ?

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Est. payment /mo

20,206 SqFt


SOLD DATE : 09/30/2024

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 20,206 sqft

Price per Sqft $59

Subdivision Panther Village

MLS Listing ID 1260178

Year Built 1977

Lot Size 3.050 Acres

Property Description

6 bay auto repair shop building with 4 inground lifts, a sleeping room, office and bath with shower, a vacant commercial lot on West Andrew Johnson Highway and 13- 1 bedroom apartments and 1- 2 bedroom apartment with a full basement retained and used by the owner. Total current income is $166,800 annually. Pest Control Contract-$150.00 every 3 months. Water runs approximately $450-$475 per month. Laundry room brings in approximately $300.00 per month with an $80.00 expense for gas. Also, you could rent out the 7833 square foot basement.

Location

State TN

County Hamblen County - 38

Area 132858.0

Rooms

Other Rooms Bedroom Main Level, Breakfast Room, Mstr Bedroom Main Level

Interior

Heating Central, Forced Air, Natural Gas, Electric

Cooling Central Cooling

Flooring Carpet, Vinyl

Exterior

Exterior Feature Windows - Dble Pane, Windows - Aluminum, Porch - Covered

Parking Features On Premise Parking, Off-Street Parking

Garage Description Off-Street Parking, On Premise Parking

Roof Type Metal

Building

Structure Type Brick

Schools

Elementary Schools Alpha

Middle Schools West View

High Schools Morristown West

Others

Acceptable Financing New Loan, Cash

Listing Terms New Loan, Cash

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Listed by Century 21 Masengill-McCrary
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308 N. Peters Road Suite 225, Knoxville, TN, 37922

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