$915,000
Greeneville, TN 37745
MLS# 9951862
Status: Closed
1 / 171
Property Description
Owner will NOT Owner Finance. Great Investment Opportunity in the rapidly growing city of Greeneville. 11 units total on 1.66 acres of land conveniently located a 1/2 mile from Main St and a 1/2 mile from Tusculum College. Property offers 4 buildings, builing 370 Town House, 2 unit duplex offers 2 bedroom 1.5 bath with basement 2 car garages. Building 390, 3 units, triplex, Offers #1 2 bed 2.5 bath with basement 2 car garage, Unit # 2 2 story 2 bed 1.5 bath townhouse, Unit #3 Studio offering 1 bath. 410 4 units quad plex offering 2 bed 1 bath with 5 car ports, 414 2 units duplex offering 2 bed 1 bath with basement and garages. Estimated Gross Annual Revenue $115,440.00. Building 370 Has a metal roof, estimated 10 years in age, Building 390 roof Is Estimated 4.5 Years Old, Building 410 roof is 4 years old, Building 414 roof is about 1 year old. Individual Electric, Individual Water Except for water on buildings 410 Units 1-4 & 390 units 1 & 3, owner pays water. Information Deemed Accurate But Not Guaranteed. Buyers Agent To Verify. Seller Stipulation minimum 20% down if financing, buyer to provide proof of funds of 20% prior to any confirmed showings. If cash, buyer to provide proof of funds prior to a confirmed showing.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 088p A 026.16
City Taxes: 3581.55
County Taxes: 3264.11
Contract Info
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 915000
Current Price: $915,000
Listing Date: 2023-05-16
General Property Description
Lot Dimensions: 172.5 X 245.19 IRR
Acres: 1.63
Zoning: R3
# Buildings: 4
Elementary School: Tusculum View
# of Units: 11
Middle School: Greeneville
Total Units: 11
High School: Greeneville
Stories: 2
HOA Y/N: No
Home Warranty: No
Property Sub-Type: Multi Family
Year Built: 1987
Remarks & Misc
Directions: From W Market St, Take a left on to Tusculum Byp (TN-107). Go for 279 ft. Turn right onto Sam Doak St. Go for 0.8 mi. Continue on Erwin Hwy. Go for 0.6 mi. Apartments will be on your right side.
Property Condition
Above Average: 1
Average: 1
Income and Expenses
Gross Annual Income: 113940
Exterior Finish
Vinyl Siding: 1
See Remarks: 1
Unit 1
# Units: 2
# Bedrooms: 4
# Bathrooms: 2
# Half Baths: 2
Monthly Rent: 2100
Unit 2
# Units: 3
# Bedrooms: 5
# Bathrooms: 4
# Half Baths: 2
Monthly Rent: 2865
Style
Duplex: 1
Raised Ranch: 1
See Remarks: 1
Roof
Asphalt: 1
Unit 3
# Units: 4
# Bedrooms: 8
# Bathrooms: 4
Monthly Rent: 3225
Levels
One: 1
Two: 1
Unit 4
# Units: 2
# Bedrooms: 4
# Bathrooms: 2
Monthly Rent: 1595
Window Features
Double Pane Windows: 1
Other: 1
Interior Features
Eat-in Kitchen: 1
Kitchen/Dining Combo: 1
Primary Downstairs: 1
Remodeled: 1
Walk-In Closet(s): 1
Amenities
Landscaping: 1
Exterior Features
Other: 1
View
Creek/Stream: 1
Heating
Central: 1
Electric: 1
Info Available
Plat: 1
Rental Rolls: 1
AC
Ceiling Fan(s): 1
Central Air: 1
Window Unit(s): 1
Water
Public: 1
Sewer
Public Sewer: 1
Appliances
Cooktop: 1
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Topography/Lot Description
Rolling Slope: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Easements
None: 1
Basement
Block: 1
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Security Features
Smoke Detector(s): 1
Parking Features
Asphalt: 1
Attached: 1
Carport: 1
Garage Door Opener: 1
See Remarks: 1
Garage
Carport Spaces: 4
Garage Spaces: 6
Other Rooms
Primary Bedroom: 1
Workshop: 1
Porch/Patio/Deck
Deck: 1
Walls
Drywall: 1
Foundation
Block: 1
Structure Type
House: 1
Expenses Include
Electric: 1
Lawn Maint: 1
Property Management: 1
Repairs and Maint: 1
Taxes Real Estate: 1
Utilities: 1
Water/Sewer: 1
See Remarks: 1
Location Tax Legal Info
Street #: 370-414
Street Name: Erwin Highway
County: Greene
State/Province: TN
Zip Code: 37745
Subdivision: Not In Subdivision
Status Change Info
Date Pending: 2023-12-12
Sold Date: 2024-01-30
Sold Price: $915,000
Property Features
Property Condition: Above Average; Average
Style: Duplex; Raised Ranch; See Remarks
Levels: One; Two
Exterior Finish: Vinyl Siding; See Remarks
Amenities: Landscaping
Interior Features: Eat-in Kitchen; Kitchen/Dining Combo; Primary Downstairs; Remodeled; Walk-In Closet(s)
Exterior Features: Other
Appliances: Cooktop; Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Security Features: Smoke Detector(s)
Flooring: Carpet; Tile; Vinyl
Roof: Asphalt
Other Rooms: Primary Bedroom; Workshop
Parking Features: Asphalt; Attached; Carport; Garage Door Opener; See Remarks
View: Creek/Stream
Heating: Central; Electric
Laundry Features: Electric Dryer Hookup; Washer Hookup
Water: Public
Window Features: Double Pane Windows; Other
Sewer: Public Sewer
Basement: Block; See Remarks
Foundation: Block
AC: Ceiling Fan(s); Central Air; Window Unit(s)
Structure Type: House
Walls: Drywall
Info Available: Plat; Rental Rolls
Easements: None
Financing: Cash; Conventional
Expenses Include: Electric; Lawn Maint; Property Management; Repairs and Maint; Taxes Real Estate; Utilities; Water/Sewer; See Remarks
Listing Office: Bridge Pointe Real Estate Jonesborough
Last Updated: February - 19 - 2024
Information deemed reliable but not guaranteed.