Morristown, TN 37814,5305 Andrew Johnson Hwy
See all 14 photos
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

$1,200,000

Est. payment /mo

$2,500,000

52.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5305 Andrew Johnson Hwy Morristown, TN 37814

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

Sold Date 09/30/24

Originating Board East Tennessee REALTORS® MLS

Year Built 1977

Lot Size 3.050 Acres

Acres 3.05

Lot Dimensions 204 X 271

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

Interior Features Walk-In Closet(s)

Heating Central, Forced Air, Natural Gas, Electric

Cooling Central Cooling

Flooring Carpet, Vinyl

Heat Source Central, Forced Air, Natural Gas, Electric

Exterior

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

Garage On Premise Parking, Off-Street Parking

Garage Description Off-Street Parking, On Premise Parking

Roof Type Metal

Parking Type On Premise Parking, Off-Street Parking

Garage No

Building

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

Structure Type Brick

Schools

Elementary Schools Alpha

Middle Schools West View

High Schools Morristown West

Others

Restrictions No

Tax ID 048 018.05

Energy Description Electric, Gas(Natural)

Acceptable Financing New Loan, Cash

Listing Terms New Loan, Cash

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Century 21 Masengill-McCrary

GET MORE INFORMATION

Katelyn Waters

Agent | License ID: 363091

+1(865) 660-5194 | katelyn@brickmortarproperties.com

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.