NOT LISTED FOR SALE

700 Belmont Ave Shelbyville, TN 37160

-- Bed
7 Baths
5,837 Sq Ft
1940 Built

Last Sold October 01, 2024

Last sale price $602,500 $103 Per Sq Ft

73 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System

About This Home

As of October 2024

Excellent investment opportunity in the heart of Shelbyville with a sidewalk that will take you to the town square less than a mile away...or drivable in 3 mins. FOUR units with 3BR 1.5BA (or 2BR w/office or extra living space) Recent updates (past 3 years) include a new roof, kitchen appliances, bathtubs, vanities, toilets, luxury vinyl tile flooring on the main level. W/D hook-ups in each unit. FP in two units. Covered back porches. Plenty of parking space to the side and in back. If you'd like to add two to your portfolio, we have 419 Belmont Ave for sale as well. Free trash pick-up. PLEASE NOTE: square footage listed as "basement" is actually the 3rd floor sf (MLS doesn't have a place to input 3rd floor sf).

Last Agent to Sell the Property

Amy Cannon

Cannontown Real Estate Brokerage Phone: 6153003296 License #256243 Listed on: 06/02/2024

Last Buyer's Agent

Josh Lansford

Zach Taylor Real Estate License #340655

Zach Taylor Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,778

Year Built

  • Built in 1940

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Schools

  • East Side Elementary School
  • Harris Middle School
  • Shelbyville Central High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $4,800
  • Assessor Parcel Number 089J F 00900 000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $1
  • Gross Income $57,600
  • Net Operating Income $57,599

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,778

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Inclusions: NEGOT
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: Quadruplex
  • Year Built Details: APROX
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Vinyl
  • Above Grade Finished Sq Ft: 4800
  • Below Grade Sq Ft: 1037
  • Building Area Units: Square Feet
  • Living Area: 5837
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Stone
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size: 137M X 135M IRR
  • Lot Size Units: Acres
  • Parcel #: 089J F 00900 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 57600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 57599
  • Number Of Units Total: 4
  • Annual Operating Expense: 1
  • Total Actual Rent: 4800

Tax Info

  • Tax Annual Amount: 3778

MLS Schools

  • Elementary School: East Side Elementary
  • High School: Shelbyville Central High School
  • Middle Or Junior School: Harris Middle School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold $602,500 -3.6% $103 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $624,900 -2.1% $107 / Sq Ft
06/02/2024 06/02/24 For Sale $638,500 -- $109 / 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: 2662351

Realtracs

APN: 002089J F 00900