$250,000
Erwin, TN 37650
MLS# 9915400
Status: Closed
4000 sqft
1 / 22
Property Description
Excellent turn key investment opportunity! This 4 unit property has an excellent rental history. Each unit consists of 2 bedrooms, 1.5 baths, Living Room, eat-in Kitchen with washer/dryer hook-up, covered front porch and a large back deck. Tenants are responsible for power and water. All information deemed reliable. Buyer to verify. Owner/agent
Details
Maps
Location, Tax & Legal Info
Street #: 102
Street Name: Unaka
St Suffix: Court
County: Unicoi
State/Province: TN
Zip Code: 37650
Area: 311 - Unicoi County
Lot #: A-2
Deed Book #: 409
Deed Page #: 883
Parcel ID: 023e M 031.00
City Taxes: 1039
County Taxes: 1497.56
Contract Info
Status: Closed
Listing Price: 250000
Current Price: $250,000
List Price/SqFt: 62.5
Listing Date: 2020-11-11
Buyer Broker: Yes
Buyer Broker Comm: 2.5
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lot Dimensions: 105 X166
Zoning: Commercial
Property Sub-Type: Multi-Family
# Buildings: 1
# of Units: 4
Total Units: 4
Stories: 2
Year Built: 1984
Elementary School: Rock Creek
Middle School: Unicoi Co
High School: Unicoi Co
Home Warranty: No
Total SqFt: 4000
Remarks & Misc
Public Remarks: Excellent turn key investment opportunity! This 4 unit property has an excellent rental history. Each unit consists of 2 bedrooms, 1.5 baths, Living Room, eat-in Kitchen with washer/dryer hook-up, covered front porch and a large back deck. Tenants are responsible for power and water. All information deemed reliable. Buyer to verify. Owner/agent
Directions: Take I-26 To Erwin, Take the Main Street Exit, turn right at Light, left on Rock Creek, right on Mesa, right on Unaka, see Apartments on the right.
Status Change Info
Date Pending: 2020-11-16
Sold Date: 2020-12-29
Sold Price: $250,000
Income and Expenses
Vacancy Rate %: 100
Gross Annual Income: 29400
Unit 1
# Units: 1
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
# Half Baths: 1
SqFt: 1000
Monthly Rent: 600
Unit 2
# Units: 2
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
# Half Baths: 1
SqFt: 1000
Monthly Rent: 600
Unit 3
# Units: 3
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
Half Baths: 1
SqFt: 1000
Monthly Rent: 625
Unit 4
# Units: 4
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
Half Baths: 1
SqFt: 1000
Monthly Rent: 625
Property Features
Property Condition: Above Average
Style: Townhouse
Levels: Two
Exterior Finish: Wood Siding
Interior Features: Eat-in Kitchen
Appliances: Dishwasher; Range; Refrigerator
Flooring: Carpet; Laminate; Vinyl
Roof: Metal
Parking Features: Parking Pad
Porch/Patio/Deck: Deck; Porch
Topography/Lot Description: Level
Heating: Central
Laundry Features: Electric Dryer Hookup; Washer Hookup
Water: Public
Sewer: Public Sewer
Basement: Crawl Space
AC: Central Air
Construction: Site Built
Info Available: Leases
Easements: None
Expenses Include: Lawn Maint; Property Insurance; Repairs and Maint; Taxes Real Estate
Community Features: Sidewalk
Listing Office: KW Johnson City
Last Updated: March - 15 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.