NOT LISTED FOR SALE
10 Beds
8 Baths
17,024 Sq Ft
2 Acres

Last Sold March 30, 2020

Last sale price $1,000,000 $59 Per Sq Ft

About This Home

As of March 2020

Capitalize on tomorrow! These properties are an excellent buy. 18 units mile from Tennessee Tech. 1 year leases. Tenants pay water, sewer, and electricity. Only utility provided is cable. All stoves, refrigerators, hot water heaters, and HVAC units warrantied for 12 months from purchase. New metal roof 3 years ago. New exterior lighting 3 months ago. Parking lots will be all newly painted and striped. Parking lot has heating element on hill. 2 units are 3 bedrooms, 3 baths. 8 units are 3 bedrooms, 2 baths. 1 unit is 2 bedrooms, 1.5 baths. 7 units are 2 bedrooms, 1 baths. Plus one 8000 sq ft warehouse space that is currently rented. Rent is $12,550 per month - $150,600 annually. Cable is $675 per month - $8100 annually. This rental investment is worthy of serious thought. The seller requires that the buyer must have an approval letter or proof of funds before previewing.

Last Agent to Sell the Property

Debbie Billings

First Realty Company Brokerage Phone: 9315281573 License #017681 Listed on: 10/03/2019

Last Buyer's Agent

Debbie Billings

First Realty Company Brokerage Phone: 9315281573 License #017681 Listed on: 10/03/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,658

Year Built

  • Built in 1993

Lot Details

  • 2 Acre Lot

Home Design

  • 17,024 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Listing and Financial Details

  • Assessor Parcel Number 016.02

Community Details

Overview

  • No Home Owners Association
  • 18 Units

Building Details

  • 4 Vacant Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,658

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Attribution Contact: 9315281573
  • Directions: From PCCH: E on Spring towards S. Washington, L on S. Washington, L on E. Jere Whitson, R on Bouton Bend.
  • Prop. Type: Residential Income
  • Year Built: 1993
  • Property Sub Type: Apartment
  • Lot Size Acres: 2
  • Lot Size: IRR
  • Special Features: None

Interior Features

  • Living Area: 17024

Exterior Features

  • Roof: Composition
  • Construction Type: Frame, Brick, Vinyl Siding

Utilities

  • Electric: COC
  • Sewer: Public Sewer
  • Gas Company: COC
  • Water Source: COC

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 87120
  • Farm Land Area Units: Square Feet
  • Parcel #: 016.02

Multi Family

  • Number Of Units Total: 18
  • Number Of Units Furnished: None
  • Number Of Units Vacant: 4

Tax Info

  • Tax Annual Amount: 9657.57
  • Tax Book Number: 401
  • Tax Map Number: 040B

Range of Values:

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Average Value
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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 Change Sq Ft Price
03/30/2020 03/30/20 Sold $1,000,000 0.0% $59 / Sq Ft
01/01/1970 01/01/70 Off Market $1,000,000 -- --
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: 194322

Upper Cumberland Association of REALTORS®