$649,900
Watauga, TN 37694
MLS# 9932179
Status: Closed
7930 sqft
1 / 23
Property Description
Two 4 unit apartment buildings in excellent condition. These townhouse style units feature 2 bedrooms, 1.5 baths, central heat and air in each unit, brick exterior, newer roof on both buildings, and close to an acre of land. Rents on these units have been too cheap for years and need to be adjusted to today's market. Currently these units gross $4,325 per month with the owner paying garbage and mowing. Rarely ever has a vacancy. Better hurry on these.
Details
Maps
Location, Tax & Legal Info
Lot #: 1
Parcel ID: 033 186.00
Deed Book #: 374
Deed Page #: 364
City Taxes: 0
County Taxes: 3915.44
Contract Info
List Price/SqFt: 81.95
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 649900
Current Price: $649,900
Listing Date: 2021-12-20
General Property Description
Lot Dimensions: 1 acre
Acres: 1
Zoning: Residential
# Buildings: 2
Elementary School: Central
# of Units: 8
Middle School: Central
Total Units: 8
High School: Happy Valley
Stories: 2
Property Sub-Type: Multi Family
Year Built: 1997
Total SqFt: 7930
Remarks & Misc
Directions: From Elizabethton take Broad Street. At McDonalds turn right on S Lynn Ave. Go across the Watauga River and turn left onto Watauga Rd(Hwy 400). Follow until just before the old Range School. Apartments are on the right on the hill. 105 Hughes Rd will get you there by GPS.
Property Condition
Above Average: 1
Income and Expenses
Gross Annual Income: 51900
Exterior Finish
Brick: 1
Vinyl Siding: 1
Unit 1
# Units: 4
# Rooms: 16
# Bedrooms: 8
# Bathrooms: 4
# Half Baths: 4
SqFt: 4030
Monthly Rent: 2225
Unit 2
# Units: 4
# Rooms: 16
# Bedrooms: 8
# Bathrooms: 4
# Half Baths: 4
SqFt: 3900
Monthly Rent: 2100
Style
Townhouse: 1
Roof
Shingle: 1
Levels
Two: 1
Window Features
Double Pane Windows: 1
Interior Features
Eat-in Kitchen: 1
View
Mountain(s): 1
Heating
Heat Pump: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Septic Tank: 1
Appliances
Dishwasher: 1
Electric Range: 1
Refrigerator: 1
Topography/Lot Description
Cleared: 1
Sloped: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Laminate: 1
Easements
None: 1
Financing
Cash: 1
Conventional: 1
Parking Features
Asphalt: 1
Deeded: 1
Walls
Drywall: 1
Structure Type
House: 1
Expenses Include
Lawn Maint: 1
Taxes Real Estate: 1
Waste: 1
Location Tax Legal Info
Street #: 111/121
Street Name: Hughes
St Suffix: Road
County: Carter
State/Province: TN
Zip Code: 37694
Subdivision: Not In Subdivision
Status Change Info
Date Pending: 2021-12-21
Sold Date: 2022-02-18
Sold Price: $649,900
Property Features
Property Condition: Above Average
Style: Townhouse
Levels: Two
Exterior Finish: Brick; Vinyl Siding
Interior Features: Eat-in Kitchen
Appliances: Dishwasher; Electric Range; Refrigerator
Flooring: Carpet; Ceramic Tile; Laminate
Roof: Shingle
Parking Features: Asphalt; Deeded
View: Mountain(s)
Heating: Heat Pump
Laundry Features: Electric Dryer Hookup; Washer Hookup
Water: Public
Window Features: Double Pane Windows
Sewer: Septic Tank
AC: Heat Pump
Structure Type: House
Walls: Drywall
Easements: None
Financing: Cash; Conventional
Expenses Include: Lawn Maint; Taxes Real Estate; Waste
Listing Office: Randall Birchfield Real Estate
Last Updated: April - 25 - 2023
Information deemed reliable but not guaranteed.