NOT LISTED FOR SALE

227 Spring St Unit 1 - 5 Hampton, TN 37658

Hampton Neighborhood
-- Bed
-- Bath
-- Sq Ft
1935 Built

Last Sold February 10, 2020

Last sale price $164,900

285 Days on Market

Highlights

  • 4 Fireplaces
  • Balcony
  • Paneling
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Cooling Available

About This Home

As of February 2020

Hot Property! Purchase now, a possible resort near Watauga Lake is on the docket for Carter County Planning Commissioners. Commissioners will go over the plans for a 130 - acre resort. Excellent investment, cash flow and the potential to increase rents. These multi-units are < 2 miles to Hampton Elementary & High School. Watauga Lake and the Appalachian Trail are < 5 miles. There are 3 units with 1 bedroom/ 1 bathroom, 1 unit with 2 bedrooms/1 bathroom and a studio apartment. Each unit has a electric and water meter. With a little TLC there is great potential to upgrade the individual units to increase the annual income significantly. All information reported is subject to buyers verification.

Last Agent to Sell the Property

DEBRA ELLIOTT-WADE

Century 21 Legacy License #344292 Listed on: 04/09/2019

Century 21 Legacy

Last Buyer's Agent

Karla Holtsclaw

Blue Ridge Realty & Investments License #352252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 60 x 158
  • Level Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Walls
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Paneling
  • 4 Fireplaces
  • Brick Fireplace

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Concrete

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Hampton Elementary And Middle School
  • Hampton High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0066C C 005.00

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Operating Expense $3,000
  • Gross Income $18,000
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Directions: Head towards Hampton, TN on Highway 19 E; turn Left onto Spring Street then take the 1st Right. GPS is correct.
  • Prop. Type: Residential Income
  • Year Built: 1935
  • Property Sub Type: Multi-Family
  • Architectural Style: Duplex
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 0066C C 005.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Commercial
  • General Property Description Elementary School3: Hampton
  • General Property Description Middle School2: Hampton
  • General Property Description High School3: Hampton
  • Water Public: Yes
  • General Property Description Lot Dimensions: 60 X 158
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description # Fireplaces: 4
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Utilities Cable Available: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Walls Wood3: Yes
  • Flooring Concrete4: Yes
  • General Property Description # Buildings: 2
  • General Property Description Total Units: 5
  • Style Duplex: Yes
  • Utilities Cable Connected2: Yes
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Flooring: Carpet, Concrete, Laminate
  • Interior Amenities: Eat-in Kitchen, Laminate Counters
  • Fireplace Features: Brick
  • Fireplaces: 4
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Laminate Counters: Yes
  • Fireplace:Brick3: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Lot Features: Level
  • Exterior Features: Balcony
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Covered, Front Patio
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Parking Features: Concrete, Gravel, Parking Spaces
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Available, Cable Connected
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Zoning: Commercial
  • Lot Dimensions: 60 X 158
  • Parcel #: 0066C C 005.00

Multi Family

  • Annual Gross Income: 18000.0
  • Vacancy Allowance Rate: 98.0

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
02/10/2020 02/10/20 Sold $164,900 -2.9% --
01/20/2020 01/20/20 Pending -- -- --
04/09/2019 04/09/19 For Sale $169,900 -- --
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    DEBRA ELLIOTT-WADE

    Century 21 Legacy

    (865) 318-2355

    3 in this area

    95 Total Sales

    Section Image

  • K

    Buyer's Agent in 2020

    Karla Holtsclaw

    Blue Ridge Realty & Investments

    (423) 220-0473

    43 Total Sales

    Section Image
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 419833

Tennessee/Virginia Regional MLS

Tennessee Carter County Hampton 37658 Hampton

227 Spring St Unit 1 - 5, Hampton, TN

This home is located at 227 Spring St Unit 1 - 5, Hampton, TN 37658 since 09 April 2019. This property was built in 1935. 227 Spring St Unit 1 - 5 is a home located in Carter County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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