$425,000
$475,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
5,028 SqFt
SOLD DATE : 01/04/2024
Key Details
Sold Price $425,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,028 sqft
Price per Sqft $84
MLS Listing ID 2558919
Sold Date 01/04/24
HOA Y/N No
Year Built 1935
Annual Tax Amount $3,663
Lot Dimensions 134.78 X 140 IRR
Property Description
Money making investment property. 6 apartments. Approximate square footage for main house is 4244 & the external unit is approximately 784 sq ft for a total of 5028 sq ft. 6 units were renovated before the current owner purchased. Current owner has re-renovated 5 of the 6 units. Updated paint, flooring, appliances and hvacs. 5 of the 6 units are rented at the time of this listing. Seller is keeping Unit A (2 bedroom) open until it sells if an investor wants to live there & rent the other 5 units. No central air, 5 units have energy efficient mini split wall units for heat and air (see photos). Owner pays for water in all units. 4 units tenant pays electric, 2 owner pays electric. Natural gas available on property but not used. Seller says operating expenses includes their current mortgage.
Location
State TN
County Bedford County
Zoning Commercial
Interior
Heating ENERGY STAR Qualified Equipment
Cooling Wall/Window Unit(s)
Flooring Finished Wood, Laminate, Tile, Vinyl
Fireplace N
Exterior
Waterfront false
View Y/N false
Roof Type Metal
Parking Type Driveway, Gravel
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Learning Way Elementary
Middle Schools Harris Middle School
High Schools Shelbyville Central High School
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