NOT LISTED FOR SALE

206 Edison St W Fayetteville, TN 37334

-- Bed
-- Bath
6,478 Sq Ft
1930 Built

Last Sold January 27, 2017

Last sale price $81,000 $13 Per Sq Ft

2 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available

About This Home

As of January 2017

Gross Income of $2350 per month - laundromat on first floor has equipment for reopening - Operating expenses of $1401 include a property manager fee of $100 per month and 10% of rent or $235 which would be eliminated if buyer chooses to self manage

Last Agent to Sell the Property

James Cashion

BMA Properties License # 260666 Listed on: 12/16/2016

Co-Listed By

Bob Malone

BMA Properties License # 274399

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 92 x 89

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6,478 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Schools

  • Ralph Askins Elementary School
  • Fayetteville Intermediate School
  • Fayetteville High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $700
  • The owner pays for gas, water
  • Assessor Parcel Number 052079E A 00700 00008079E

Community Details

Overview

  • 7 Units

Building Details

  • Operating Expense $1,401
  • Gross Income $2,350
  • Net Operating Income $949

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,467

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1930
  • Inclusions: APPLN,OTHER
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Above Grade Finished Sq Ft: 6478
  • Building Area Units: Square Feet
  • Living Area: 6478
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Parking Features: Parking Lot
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: C1
  • Lot Size: 92 X 89
  • Lot Size Units: Acres
  • Parcel #: 052079E A 00700 00008079E
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 2350
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 949
  • Number Of Units Total: 7
  • Annual Operating Expense: 1401
  • Total Actual Rent: 700

Tax Info

  • Tax Annual Amount: 1467

MLS Schools

  • Elementary School: Ralph Askins School
  • High School: Fayetteville High
  • Middle Or Junior School: Fayetteville Intermediate 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
01/27/2017 01/27/17 Sold $81,000 -7.4% $13 / Sq Ft
12/18/2016 12/18/16 Pending -- -- --
12/16/2016 12/16/16 For Sale $87,500 -- $14 / 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: 1787697

Realtracs