NOT LISTED FOR SALE

404 W 3rd St Jasper, TN 37347

-- Bed
-- Bath
1,526 Sq Ft
0.46 Acres

Last Sold November 20, 2020

Last sale price $50,000 $33 Per Sq Ft

415 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

About This Home

As of November 2020

Investors, here's the deal you've been looking for! This $500,000 investment package deal features 8 properties with a total of 13 units all located within a block of each other in a quiet Jasper neighborhood. Currently 100% occupied with a GMI of $6,600. Composed of 4 single family homes, 3 duplexes, and 1 triplex, the addresses included are 202, 204 & 206 Meadow Ave, 405 W 3rd St, 301 Elm Ave, 404 W 3rd St, 406 W 3rd St, 209 Elm Ave, 403 W 3rd St, and 402 & 404 2nd St. All properties have off street parking. Situated just minutes from interstate access, these properties are only 20 minutes away from Bridgeport, AL and 35 minutes from downtown Chattanooga. Currently there is a housing shortage in Bridgeport, AL due to the influx of workers at the new Google facility. Because of this, the current rental rates are priced under market value and there is the potential to increase rents. Call today for more information.

Last Agent to Sell the Property

Grace Frank

Zach Taylor Chattanooga Brokerage Phone: 4232083834 License #305329 Listed on: 09/19/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $991

Year Built

  • Built in 1945

Lot Details

  • 0.46

Home Design

  • Duplex

Interior Spaces

  • 1,526 Sq Ft Home
  • Property has 3 Levels

Schools

  • Jasper Elementary School
  • Jasper Middle School
  • Marion Co High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 108M A 04400 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $10,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$991

Year Built

Built in 1945

Lot Details

0.46 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1945
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1526
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 190X145 IRR
  • Lot Size Units: Acres
  • Parcel #: 108M A 04400 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 10200
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 991

MLS Schools

  • Elementary School: Jasper Elementary School
  • High School: Marion Co High School
  • Middle Or Junior School: Jasper Middle School
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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 List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $50,000 -37.5% $33 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
09/19/2019 09/19/19 For Sale $80,000 -- $52 / Sq Ft
Source: Realtracs

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2421281

Realtracs
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