Located along a major commercial corridor in Morristown, this fully renovated home with commercial flexibility offers a rare opportunity for first-time buyers, small business owners, and income-focused investors. Situated on three combined parcels totaling approximately 0.72 acres and zoned C-1, the property provides excellent visibility and long-term versatility for residential living, office use, or a convenient live-work setup. The main residence was completely updated in 2025 and now offers approximately 996 square feet of comfortable living space with a living room, kitchen, bathroom, two bedrooms, bonus room, and laundry closet. Updates include new sheetrock throughout, fresh paint, modern lighting, updated kitchen appliances and cabinets with solid countertops, a new split-system HVAC, commercial-grade tongue-and-groove floating flooring, updated electrical, new exterior metal siding, and a new metal roof. The former patio has been enclosed to create additional air-conditioned living space, adding to the home's functionality and comfort.
The kitchen is equipped with a dishwasher, electric range, refrigerator, and built-in microwave, making it both practical and easy to maintain. The property is served by public electricity, public water, and public sewer, providing reliable and efficient utilities for both residential and business use. It is currently occupied by a residential tenant paying $1,100 per month, with a lease in place through June 2026, offering immediate and stable rental income for investors. This makes the property well suited for landlords seeking a turnkey rental, as well as owner-occupants planning for future use. Two adjoining vacant parcels add valuable extra land for parking, future expansion, or additional development, further enhancing long-term investment potential. Whether you are a first-time buyer, a small business owner seeking an affordable office location, or an investor looking for steady income with upside, this property off
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Zillow last checked:
Listing updated:
Listed by:
Randy Bable865-216-8011,
10 Realty LLC865-364-6868
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3270254
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2
Heating
Other, Electric
Cooling
Other, Electric
Appliances
Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Laundry: Electric Dryer Hookup, Washer Hookup
Features
Walk-In Closet(s)
Flooring: Luxury Vinyl, Other
Basement: None
Has fireplace: No
Interior area
Total structure area: 996
Total interior livable area: 996 sqft
Property
Parking
Parking features: Driveway, Gravel
Has uncovered spaces: Yes
Features
Levels: Three Or More
Stories: 1
Lot
Size: 0.72 Acres
Features: Level
Topography: Level
Details
Parcel number: 040LE03600000
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence, Residential
Materials
Frame, Other
Roof: Metal
Condition
New construction: No
Year built: 1953
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Water Available, Cable Connected