$515,000
$550,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
5,328 SqFt
SOLD DATE : 10/22/2024
Key Details
Sold Price $515,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,328 sqft
Price per Sqft $96
MLS Listing ID 2641214
Sold Date 10/22/24
HOA Y/N No
Year Built 1960
Annual Tax Amount $1,645
Property Description
Welcome to this exceptional investment offering a 5-unit multi-plex with a remarkable cap rate of 8.4%. Situated in a prime location, this property provides the perfect balance between accessibility to the town and the main highway, while still exuding a sense of tranquility and seclusion. With recent renovations, including new flooring, new roof, new windows, new minisplit hvac units, new kitchen cabinets and fresh paint, along with all-year leases and full occupancy, this multi-plex promises a lucrative and stable investment for the savvy investor. All information is in the document section below. Please contact listing agent for any questions!
Location
State TN
County Giles County
Zoning Res
Interior
Heating Electric
Cooling Electric
Flooring Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
Waterfront false
View Y/N false
Roof Type Shingle
Parking Type Gravel, Unassigned
Private Pool false
Building
Story 2
Sewer Septic Tank
Water Public
Structure Type Brick,Vinyl Siding
New Construction false
Schools
Elementary Schools Pulaski Elementary
Middle Schools Bridgeforth Middle School
High Schools Giles Co High School
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