$239,900
Elizabethton, TN 37643
MLS# 9960511
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Property Description
An investment opportunity awaits with this unique property featuring a main home featuring over 3600 square feet that has been torn out to the studs to re-work into what could be three separate apartments. Each with the possibility of having an open concept floor plan and having two bedrooms and two bathrooms. Each apartment could have around 1200 square feet per unit . Additionally there is a one bedroom apartment that is currently rented for $750.00 per month on a lease. Additionally there is a two car attached garage and 1 bay garage perfect for storage. This property features 216 feet of road frontage that could allow for additional driveway for parking. This home features brick construction and metal roof approximately 8 years old. This is a great investment that has a month cash flow potential easily around $4,000 per month. All information and square footage subject to buyer verification.
Details
Maps
Location, Tax & Legal Info
Street #: 1408
Street Name: State Line
St Suffix: Road
County: Carter
State/Province: TN
Zip Code: 37643
Lot #: 1
Deed Book #: 24
Deed Page #: 619
Parcel ID: 041n D 030.00
County Taxes: 416.66
Contract Info
Status: Active
Listing Price: 239900
Current Price: $239,900
Listing Date: 2023-12-28
Buyer Broker: Yes
Buyer Broker Comm: 2.5
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lot Dimensions: see acres
Acres: 0.68
Zoning: Residential
Property Sub-Type: Multi-Family
Total Units: 4
Year Built: 1968
Elementary School: Valley Forge
Middle School: Hampton
High School: Hampton
HOA Y/N: No
Remarks & Misc
Public Remarks: An investment opportunity awaits with this unique property featuring a main home featuring over 3600 square feet that has been torn out to the studs to re-work into what could be three separate apartments. Each with the possibility of having an open concept floor plan and having two bedrooms and two bathrooms. Each apartment could have around 1200 square feet per unit . Additionally there is a one bedroom apartment that is currently rented for $750.00 per month on a lease.
Additionally there is a two car attached garage and 1 bay garage perfect for storage. This property features 216 feet of road frontage that could allow for additional driveway for parking. This home features brick construction and metal roof approximately 8 years old. This is a great investment that has a month cash flow potential easily around $4,000 per month. All information and square footage subject to buyer verification.
Directions: Traveling Hwy 19E, turn beside Walgreens. Take a left onto State Line Road. Property on right.
Unit 1
# Units: 1
Property Features
Style: Ranch
Exterior Finish: Brick
Topography/Lot Description: Level
Heating: Electric
Water: Public
AC: None
Construction: Site Built
Easements: None
Listing Office: REMAX Checkmate, Inc. Realtors
Last Updated: January - 29 - 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.