$925,000
SOLD SEP 16, 2024

122 E Acres Ave Waverly, TN 37185

-- Bed
-- Bath
6,564 Sq Ft
1990 Built

Recently Sold

$141 Per Sq Ft

7% Below List Price

43 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Central Heating
  • No HOA

About This Home

As of September 2024

PRISTINE EXECUTIVE LEVEL APARTMENTS + 2 DUPLEXES for a Total of 8 Executive Units***Not your Ordinary "Multi-Family"...1 Large Apartment Building that has been rented FOR THE PAST 20 YEARS to a "Well Known Large Industry in New Johnsonville" for Their Engineers, Executives + Employees. This Partnership has the Possibility to Continue with a New Owner*GROUP HOME??? TRANSITIONAL LIVING??? FAMILY COMPOUND??? *ALL UNITS (except 1) FURNISHED w/ BEAUTIFUL FURNITURE + APPLIANCES*Pride of Ownership is Apparent*Seller is reluctantly Selling...wants to slow down and enjoy retirement*RENTS RECENTLY RAISED TO $1100 month for 2 Bed + $900/month for 1 Bedroom*Seller pays the Utilities Currently*. The seller provided incorrect address and corrections were made in the contract.

Last Agent to Sell the Property

Missy Chandler

Parker Peery Properties Brokerage Phone: 6154050659 License #267253 Listed on: 06/17/2024

Last Buyer's Agent

Dennis Sanders

eXp Realty License # 333854

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,566

Year Built

  • Built in 1990

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 6,564 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Wood
  • Carpet

Schools

  • Waverly Elementary School
  • Waverly Jr High Middle School
  • Waverly Central High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $4,400
  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 064F B 00500 000

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • .East Acres 8 Units Total Subdivision

Building Details

  • Operating Expense $1,000
  • Gross Income $8,000
  • Net Operating Income $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,566

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1990
  • Inclusions: APPLN,FURN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: APROX
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6154050659
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Finished Wood
  • Above Grade Finished Sq Ft: 6564
  • Building Area Units: Square Feet
  • Living Area: 6564
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: .
  • Lot Size Units: Acres
  • Parcel #: 064F B 00500 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 8000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 7000
  • Number Of Units Total: 8
  • Annual Operating Expense: 1000
  • Total Actual Rent: 4400

Tax Info

  • Tax Annual Amount: 5566

MLS Schools

  • Elementary School: Waverly Elementary
  • High School: Waverly Central High School
  • Middle Or Junior School: Waverly Jr High School

Range of Values:

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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 Change Sq Ft Price
09/16/2024 09/16/24 Sold $925,000 -7.2% $141 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $997,000 -- $152 / 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: 2668191

Realtracs