NOT LISTED FOR SALE

106 S Thompson St Shelbyville, TN 37160

-- Bed
-- Bath
9,942 Sq Ft
1979 Built

Last Sold September 23, 2022

Last sale price $1,150,000 $116 Per Sq Ft

91 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2022

Lucrative multifamily investment opportunity located in Shelbyville, TN. Property addresses are 106, 108, and 110 S Thompson St, which are being sold as a package deal. This portfolio consists of 3 quadplexes equaling 12 units, and each apartment is approx 700sqft. Units are two bed, 1 bath combo's. All have washer/dryer hookups and come with a fridge, stove, and microwave. Currently, 100% occupancy and all renters are month to month. New ownership can increase rent which has not been done in a very long time. There are also 23 open parking spaces.

Last Agent to Sell the Property

Tammy Paxson

Keller Williams Realty - Murfreesboro Brokerage Phone: 6157968168 License #329901 Listed on: 05/06/2022

Keller Williams Realty - Murfreesboro

Last Buyer's Agent

Chasity Davis

Southern Middle Realty License #357748

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,339

Year Built

  • Built in 1979

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 9,942 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate

Schools

  • Eakin Elementary School
  • Harris Middle School
  • Shelbyville Central High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $2,800
  • Assessor Parcel Number 089G N 01000 000

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • Gross Income $8,275
  • Net Operating Income $8,275

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,339

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1979
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Above Grade Finished Sq Ft: 9942
  • Building Area Units: Square Feet
  • Living Area: 9942
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size: .84
  • Lot Size Units: Acres
  • Parcel #: 089G N 01000 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 8275
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 8275
  • Number Of Units Total: 12
  • Total Actual Rent: 2800

Tax Info

  • Tax Annual Amount: 5339

MLS Schools

  • Elementary School: Eakin Elementary
  • High School: Shelbyville Central High School
  • Middle Or Junior School: Harris Middle School

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $1,150,000 -4.2% $116 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $1,200,000 0.0% $121 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $1,200,000 -- $121 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2383163

Realtracs