Pat McCollum Can Help You Purchase This Unit

Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm, Pat McCollum is here to help!

5305 W Andrew Johnson Hwy, Morristown, 37814

Priced At: $2,500,000

Property Details for ID: 1260178

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SqFt: 20,206
Price SqFt: $124
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2024-04-22T15:16:13Z
Subdivision: Panther Village

Public Remarks: 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.

Schools Information

Elementary School: Alpha
Middle / Junior School: West View
High School: Morristown West

Building Description

Year Built: 1977
SqFt (Total): 20,206
Sub-Type: Apartment
Sale Includes: Building and Land, Some Furnishings
Unit Type(s): 1 Bedroom Unit, 2 Bedroom Unit, Unfurnished

  Exterior Features

Features: Porch - Covered, Windows - Aluminum, Windows - Dble Pane
Construction: Frame - Brick
Siding: Brick

  Appliances

  Room Dimensions

  Interior Features

Floors: Carpet, Vinyl
Other Rooms: Bedroom Main Level, Breakfast Room, Mstr Bdrm Main Level
Misc Features: Internet Available, Walk-in Closets

  Property Details

Utilities

Fuel Types: Electric, Gas (Natural)

Financing

Finance Options: Cash, New Loan
Gross Annual Income: 166,800

  HOA Information

Restrictions: No

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central, Forced Air

Garage / Parking

Off-Street Parking, On Premise Parking

  Community Features

Outbuildings


Presented By: / Century 21 Masengill-McCrary Realtors

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

On West Andrew Johnson across the highway form Morristown Chevrolet, on the corner of Panda.



Your commute

( Departing today at 8:00am )


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