NOT LISTED FOR SALE

130 S Main St South Carthage, TN 37030

-- Bed
-- Bath
6,240 Sq Ft
2021 Built

Last Sold March 01, 2022

Last sale price $1,150,000 $184 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Central Heating

About This Home

As of March 2022

Investors take note! Built in 2021, 2 story- 8 unit apartment complex. All units are 2 bed 1 bath, have stainless steel appliances with dishwasher, range, and refrigerator, granite countertops, washer and dryer hookups, & LVP flooring throughout. All units are currently leased for $1,100/month

Last Agent to Sell the Property

Michael Woodard

Discover Realty & Auction, LLC License # 343160 Listed on: 01/10/2022

Last Buyer's Agent

Moren Adenubi CCIM, CPM

Crown Realty Experts License # 257785

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021

Home Design

  • Vinyl Siding

Interior Spaces

  • 6,240 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Schools

  • Carthage Elementary School
  • Smith County Middle School
  • Smith Co High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $4,400
  • The owner pays for water
  • Assessor Parcel Number 053M B 01401 000

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $18,000
  • Gross Income $105,600
  • Net Operating Income $87,600

Property Details

Home Type

Multi-Family

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2021
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • PropertyUnitTypes: {"UnitTypeActualRent":1100,"UnitTypeType":"Unit 1","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2675729Group_1"}, {"UnitTypeActualRent":1100,"UnitTypeType":"Unit 2","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2675729Group_2"}, {"UnitTypeActualRent":1100,"UnitTypeType":"Unit 3","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2675729Group_3"}, {"UnitTypeActualRent":1100,"UnitTypeType":"Unit 4","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2675729Group_4"}
  • ResoPropertyType: ResidentialIncome
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Above Grade Finished Sq Ft: 6240
  • Building Area Units: Square Feet
  • Living Area: 6240
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • 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, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinkler System, Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: C-2
  • Lot Size: .47 acres
  • Lot Size Units: Acres
  • Parcel #: 053M B 01401 000
  • Property Attached Yn: No

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 105600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 87600
  • Number Of Units Total: 8
  • Annual Operating Expense: 18000
  • Total Actual Rent: 4400

Tax Info

  • Tax Annual Amount: 1

MLS Schools

  • Elementary School: Carthage Elementary
  • High School: Smith Co High School
  • Middle Or Junior School: Smith County Middle School

Range of Values:

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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 Change Sq Ft Price
03/01/2022 03/01/22 Sold $1,150,000 -11.5% $184 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $1,299,000 -- $208 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Woodard

    Seller's Agent in 2022

    Michael Woodard

    Discover Realty & Auction, LLC

    (615) 489-2134

    157 Total Sales

    Michael Woodard
    Section Image
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Map

Source: Realtracs

MLS Number: 2344991

Realtracs
Tennessee Smith County South Carthage 37030

130 S Main St, South Carthage, TN

This home is located at 130 S Main St, South Carthage, TN 37030 since 10 January 2022. This property was built in 2021. 130 S Main St is a home located in Smith County with nearby schools including Carthage Elementary School, Smith County Middle School, and Smith County High School.

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