3241 Enka Highway Morristown, TN ^$ 749,900

3241 Enka Highway

^$ 749,900

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3241 Enka Highway

Morristown, TN, 37813

^$ 749,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 4,491

3241 Enka Highway, Morristown, TN 37813 - Image 1

3241 Enka Highway, Morristown, TN 37813 - Image 2

3241 Enka Highway, Morristown, TN 37813 - Image 3

3241 Enka Highway, Morristown, TN 37813 - Image 4

3241 Enka Highway, Morristown, TN 37813 - Image 5

3241 Enka Highway, Morristown, TN 37813 - Image 6

3241 Enka Highway, Morristown, TN 37813 - Image 7

3241 Enka Highway, Morristown, TN 37813 - Image 8

Commercial Property for sale in Morristown, TN

for $749,900. This building was built in 1976 on a lot size of 0.4.

This property is an excellent opportunity to expand your investment portfolio, generating an annual income of over $75,000. With 7 one-bedroom units and essential upgrades already completed, this property ensures long-term value and offers the potential for low maintenance for years to come. Convenient East Tennessee location and attractive features make this a must-see for serious investors.

Commercial Contingent

Price

^$ 749,900

Property Type

Commercial

Taxes

^$ 1,530

Style

Multi Family

Lot Size

0.4

Year Built

1976

Town/City

Morristown

County/Region

Hamblen

MLS | Web ID

705938

Features

General

Sewer Septic Tank

Heating Ductless

Cooling Ductless

Possession Close Of Escrow

Roof Metal

County Hamblen

Business Type Residential

Property Type D

Tax Year 2023

Occupant Type Tenant

Contingent Active Contingent

Status Active Contingent

Auction Y/N No

Construction Materials Block Vinyl Siding

Sub Type Multi Family

Year Built 1976

Directions From W Morris Blvd turn onto S Cumberland St. Turn left onto SR-160 South. Turn left onto Bethel Rd. Turn left. The home is on your right

City Morristown

Street Name Enka

Public Remarks This property is an excellent opportunity to expand your investment portfolio generating an annual income of over $75 000. With 7 one-bedroom units and essential upgrades already completed this prope

Exterior

Lot Features Level

Fencing None

Water Source Public

Parking Features Parking Lot Paved

* Excluded Features

List By

Greater Impact Realty Lakeway

Broker

ben@greaterimpactrealty.com

Affordability Calculator

$4,619

Per Month

Monthly Principal & Interest: $4,491
Monthly Property Taxes: $128
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Morristown, TN

Average List Price ^$723,386

Percent of Sale Price 4%

About Morristown, TN

31,395 Population

11% Since 2002

^$32,989 Median Income

38 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2484365 Elementary School

2484217 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/6/2024	$749,900		Listed Price

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3241 Enka Highway, Morristown, TN, 37813 is a Commercial Property for sale at $749,900 with a lot size of 0.4. 3241 Enka Highway was built in 1976. The property's zip code is 37813 which is in Morristown, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Lakeway Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lakeway Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/6/2025.

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3241 Enka Highway

Commercial Property for sale in Morristown, TN

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