NOT LISTED FOR SALE

370 Erwin Hwy Greeneville, TN 37745

Studio
-- Bath
-- Sq Ft
71,003 Sq Ft Lot

Last Sold January 30, 2024

Last sale price $915,000

208 Days on Market

Highlights

  • Creek or Stream View
  • Deck
  • No HOA
  • Greeneville Middle School Rated A-
  • Raised Ranch Architecture
  • Workshop

About This Home

As of January 2024

Owner will NOT Owner Finance. Great Investment Opportunity in the rapidly growing city of Greeneville. 11 units total on 1.66 acres of land conveniently located a 1/2 mile from Main St and a 1/2 mile from Tusculum College. Property offers 4 buildings, builing 370 Town House, 2 unit duplex offers 2 bedroom 1.5 bath with basement 2 car garages. Building 390, 3 units, triplex, Offers #1 2 bed 2.5 bath with basement 2 car garage, Unit # 2 2 story 2 bed 1.5 bath townhouse, Unit #3 Studio offering 1 bath. 410 4 units quad plex offering 2 bed 1 bath with 5 car ports, 414 2 units duplex offering 2 bed 1 bath with basement and garages. Estimated Gross Annual Revenue $115,440.00. Building 370 Has a metal roof, estimated 10 years in age, Building 390 roof Is Estimated 4.5 Years Old, Building 410 roof is 4 years old, Building 414 roof is about 1 year old. Individual Electric, Individual Water Except for water on buildings 410 Units 1-4 & 390 units 1 & 3, owner pays water. Information Deemed Accurate But Not Guaranteed. Buyers Agent To Verify. Seller Stipulation minimum 20% down if financing, buyer to provide proof of funds of 20% prior to any confirmed showings. If cash, buyer to provide proof of funds prior to a confirmed showing.

Last Agent to Sell the Property

CORY PETERS

Bridge Pointe Real Estate Jonesborough License #351304 Listed on: 05/17/2023

Last Buyer's Agent

Vickie Ricker

Realty Executives East TN Realtors License #304712

Realty Executives East TN Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 1.63 Acre Lot
  • Landscaped
  • Lot Has A Rolling Slope
  • Property is in good condition

Parking

  • 6 Car Attached Garage
  • 4 Carport Spaces
  • Garage Door Opener

Home Design

  • Duplex
  • Raised Ranch Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Workshop
  • Creek or Stream Views
  • Block Basement Construction
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Tusculum View Elementary School
  • Greeneville Middle School
  • Greeneville High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 088p A 026.16

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 11 Units

Building Details

  • Gross Income $113,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1987 | Remodeled

Lot Details

1.63 Acres

Parking

6

Listing Details

  • Directions: From W Market St, Take a left on to Tusculum Byp (TN-107). Go for 279 ft. Turn right onto Sam Doak St. Go for 0.8 mi. Continue on Erwin Hwy. Go for 0.6 mi. Apartments will be on your right side.
  • Prop. Type: Residential Income
  • Year Built: 1987
  • Garage Carport Spaces: 4
  • Garage Garage Spaces: 6
  • Property Sub Type: Multi-Family
  • Reso Association Amenities: Landscaping
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Duplex, Raised Ranch, See Remarks
  • Unit Levels: Two, One
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 088p A 026.16
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.63
  • General Property Description Zoning2: R3
  • General Property Description Elementary School3: Tusculum View
  • General Property Description Middle School2: Greeneville
  • General Property Description High School3: Greeneville
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 172.5 X 245.19 IRR
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile2: Yes
  • General Property Description Stories2: 2
  • Interior Features KitchenDining Combo: Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Foundation Block6: Yes
  • View CreekStream: Yes
  • Excluded From Sale A C Window Units: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Basement Block4: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Style Raised Ranch: Yes
  • RoofAsphalt: Yes
  • General Property Description # Buildings: 4
  • General Property Description Total Units: 11
  • General Property Description Home Warranty2: No
  • Style Duplex: Yes
  • Levels:Two: Yes
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Block, See Remarks
  • Flooring: Vinyl, Tile, Carpet
  • Interior Amenities: Eat-in Kitchen, Kitchen/Dining Combo, Remodeled, Smoke Detector(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows, Other
  • Interior Features:Eat-in Kitchen: Yes
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances Dishwasher: Yes
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Other Rooms:Workshop: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Cooktop: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Above Average, Average
  • Roof: Asphalt
  • Lot Features: Rolling Slope
  • View: Creek/Stream
  • Exterior Features: Other
  • Acres: 1.63
  • Home Warranty: No
  • Construction Type: Vinyl Siding, See Remarks
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Carport, Garage Door Opener, See Remarks
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:See Remarks22: Yes
  • Parking Features:Carport: Yes

Utilities

  • Heating: Electric, Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Tusculum View
  • High School: Greeneville
  • Middle Or Junior School: Greeneville

Lot Info

  • Zoning: R3
  • Lot Dimensions: 172.5 X 245.19 IRR
  • Lot Size Sq Ft: 71002.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 088p A 026.16
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 113940.0
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Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2024 01/30/24 Sold $915,000 0.0% --
12/06/2023 12/06/23 For Sale $915,000 0.0% --
11/15/2023 11/15/23 Off Market $915,000 -- --
11/10/2023 11/10/23 Price Changed $915,000 -8.0% --
11/08/2023 11/08/23 Price Changed $995,000 -17.1% --
05/17/2023 05/17/23 For Sale $1,200,000 -- --
Source: Tennessee/Virginia Regional MLS

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9951862

Tennessee/Virginia Regional MLS
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