NOT LISTED FOR SALE

128 N Elm St Monterey, TN 38574

9 Beds
4 Baths
3,744 Sq Ft
0.32 Acres

Last Sold June 26, 2019

Last sale price $130,000 $35 Per Sq Ft

Highlights

  • Wooded Lot
  • No HOA
  • Baseboard Heating
  • Lawn
  • Ceiling Fan
  • Space Heater

About This Home

As of June 2019

AFFORDABLE RENTAL INVESTMENT OPPORTUNITY! This 4 unit apartment complex has a great rental history. 2 units have been occupied by the same family for over 5 years. Gross monthly rent is $1475 per month with tenants paying their own electric, water, & cable. Located in the heart of town.

Last Agent to Sell the Property

Vickie Loftis

American Way Real Estate Brokerage Phone: 9315269581 License #291404 Listed on: 05/06/2019

Last Buyer's Agent

Vickie Loftis

American Way Real Estate Brokerage Phone: 9315269581 License #291404 Listed on: 05/06/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 1915

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 140 x 100
  • Wooded Lot
  • Lawn
  • Garden

Home Design

  • Quadruplex
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,744 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Schools

  • Putnam Elementary And Middle School
  • Putnam High School

Utilities

  • Space Heater
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $1,475
  • Assessor Parcel Number 003.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $1,475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,770

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Attribution Contact: 9315269581
  • Directions: S. on Jefferson, take I-40 East to exit 301, left onto Hwy 70, right on Elm St.
  • Prop. Type: Residential Income
  • Year Built: 1915
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.3214
  • Lot Size: 140 x 100
  • Road Surface Type: Paved
  • Special Features: None

Interior Features

  • Appliances: Dishwasher,Electric Range,Refrigerator,Electric Oven, Electric Water Heater, Unit 1 Htg/Clg/Appliances(Appliances), Unit 2 Htg/Clg/Appliances(Appliances), Unit 3 Htg/Clg/Appliances(Appliances), Unit 4 Htg/Clg/Appliances(Aplliances)
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 9
  • Entry Location: Unit 1 Location(M),Unit 2 Location(M),Unit Location(U),Unit 4 Location(U)
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 3744

Exterior Features

  • Exterior Features: Lawn, Garden
  • Roof: Metal
  • Lot Features: Wooded
  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Parking Features: Unit 1 Car Storage(0), Unit 2 Car Storage(0), Unit 3 Car Storage(0), Unit 4 Car Storage(0)

Utilities

  • Electric: Circuit Breakers,Fuses,Separate Meter, VEC
  • Heating: Electric, Baseboard, Space Heater
  • Sewer: Public Sewer
  • Gas Company: N/A
  • Laundry Features: Unit 1 Wshr/Dryr Hookup, Unit 2 Wshr/Dryr Hookup, Unit 3 Wshr/Dryr Hookup, Unit 4 Wshr/Dryr Hookup
  • Security: Smoke Detector(s)
  • Heating Yn: Yes
  • Utilities: Cable Connected
  • Water Source: Public, City of Monterey

Condo/Co-op/Association

  • Pets Allowed: No
  • Association: No

Schools

  • Elementary School: Putnam
  • High School: Putnam
  • Middle Or Junior School: Putnam

Lot Info

  • Zoning: Commercial
  • Lot Size Sq Ft: 14000
  • Farm Land Area Units: Square Feet
  • Parcel #: 003.00

Rental Info

  • Lease Term: Unit 1 Lease Term(Month),Unit 2 Lease Term(Month),Unit 3 Lease Term(Month),Unit 4 Lease Term(Month)

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Furnished: None
  • Annual Gross Income: 1475
  • Total Actual Rent: 1475

Tax Info

  • Tax Annual Amount: 1770.16
  • Tax Book Number: RB545
  • Tax Map Number: 071B

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
06/26/2019 06/26/19 Sold $130,000 0.0% $35 / Sq Ft
01/01/1970 01/01/70 Off Market $130,000 -- --
Source: Upper Cumberland Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 191664

Upper Cumberland Association of REALTORS®