$290,000
$325,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/07/2021
Key Details
Sold Price $290,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 10104390
Sold Date 09/07/21
Year Built 1938
Annual Tax Amount $3,116
Property Description
Great opportunity to own a corner lot commercial building on the Covington Square. It’s a multi tenant commercial building that is 80% occupied. The building is in great shape, new roof 2 years ago, 2 brand new AC units this month, 5 of the 7 units are rented with $3,125 in gross monthly income, and a prospective tenant negotiating for 1 of the vacant spaces. Since 2000 this property has had numerous upgrades to include electrical, plumbing and passed a structural inspection.
Location
State TN
County Tipton
Area Tipton - North
Zoning Comm
Interior
Heating Central, Gas, Heat Pump, Individual Systems
Cooling Central Cooling, Individual Cooling
Flooring Hardwood, Tile
Exterior
Garage Asphalt/Blacktop
Roof Type Flat
Building
Story 2.5
Foundation Finished Basement, Maintenance Area, Partial Basement, Slab, Storage Area, Unfinished Basement, Walk-Out Basement
Water Electric Hot Water, Gas Hot Water, Public Sewer, Public Water
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Pamela H Worley • Unique Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "