106 King Ave
- 5 Units with Diverse Unit Mix
- Projected Annual Income of $75,600
- Over $150,000 of Recent Capital Expenditures
Property Description
PWA Properties is pleased to present 106 King Avenue, a five-unit multifamily investment opportunity located in Morristown, Tennessee. The property features a diverse unit mix, including two 2 bed / 1 bath units, two 1 bed / 1 bath units, and one 4 bed / 2 bath unit, appealing to a broad tenant base and supporting a projected annual income of $75,600. Over $150,000 in recent capital improvements have been completed including a new roof, updated HVAC systems, electrical and plumbing upgrades, and new windows and doors. This property is located centrally in Morristown with convenient access to I-81 and numerous employers and retailers.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $785,000 |
| No. of Units: | 5 |
| Year Built: | 1974 |
| Lot Size: | 0.39 Acres |
| Opportunity Zone: | No |
| Price per unit: | $157,000 |
| Property Website | Click Here |
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