141 Panda Drive, Morristown, TN 37814
$1,200,000
Property Type:
Multi-Family
Status:
Closed
Current Price:
$1,200,000
List Date:
5/22/2024
Last Modified:
11/21/2024
Description
13 - 1 bedroom apartments and 1 - 2 bedroom apartment with a full basement. Total current gross income is $126000 annually. Pest control contract - $150 every 3 months. Water runs approximately $450-$475 per month. Laundry room brings in approximately $300 per month with an $80 expense for gas. Also you could rent out the 7833 square foot basement.
More Information MLS# 1263660
Location, Tax & Legal Info
Area: Hamblen County - 38
City/County Code: City Limits
Elementary School: Alpha
Middle School: West View
Total Tax: 5298.69
High School: Morristown West
Contract Info
Auction Y/N: No
Listing Price: 1600000
Current Price: $1,200,000
Status: Closed
Listing Date: 2024-05-22
General Property Description
Lot Dimensions: 155
Utilities/Mo Avg: 458
Property Status: N/A
Driveway: paved
Number of Units: 14
Year Built: 1979
Remarks & Misc
Directions: On West Andrew Johnson across the highway from Morristown Chevrolet turn onto Panda Drive and the property will be on the left.
Public Remarks: 13 - 1 bedroom apartments and 1 - 2 bedroom apartment with a full basement. Total current gross income is $126000 annually. Pest control contract - $150 every 3 months. Water runs approximately $450-$475 per month. Laundry room brings in approximately $300 per month with an $80 expense for gas. Also you could rent out the 7833 square foot basement.
Property Sub-Type
Apartment: 1
Construction
Block: 1
Other: 1
Type of Units
1 Bedroom Unit: 1
2 Bedroom Unit: 1
Sale Includes
Building and Land: 1
Cooling
Central Cooling: 1
Floors
Vinyl: 1
Garage/Parking
On Premise Parking: 1
Fuel
Electric: 1
Gas (Natural): 1
Heat
Central: 1
Appliances
Range: 1
Refrigerator: 1
Other Rooms
Bedroom Main Level: 1
Roof
Metal: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 141
Street Name: Panda
St Suffix: Drive
State/Province: TN
Zip Code: 37814
PIN #: 048 018.07
Geo Lat: 36.18212
Geo Lon: -83.378807
Status Change Info
Status Change Date: 2024-11-21
Under Contract Date: 2024-08-28
Sold Date: 2024-10-01
Sold Price: $1,200,000
Property Features
Property Sub-Type: Apartment
Type of Units: 1 Bedroom Unit; 2 Bedroom Unit
Sale Includes: Building and Land
Floors: Vinyl
Fuel: Electric; Gas (Natural)
Heat: Central
Cooling: Central Cooling
Appliances: Range; Refrigerator
Construction: Block; Other
Roof: Metal
Other Rooms: Bedroom Main Level
New Financing: Cash; Conventional
Showing: See Agent Instructns
Documents
Confirmation of Agency ›Listing Office: Century 21 Masengill-McCrary
Office Phone: 423-586-6653
Last Updated: November - 21 - 2024
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