$100,000
$135,000
25.9%For more information regarding the value of a property, please contact us for a free consultation.
2,232 SqFt
SOLD DATE : 04/05/2022
Key Details
Sold Price $100,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,232 sqft
Price per Sqft $44
MLS Listing ID 9925867
Sold Date 04/05/22
Total Fin. Sqft 2232
Originating Board Tennessee/Virginia Regional MLS
Year Built 1900
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 75 x 57.8
Property Description
This three unit apartment building is located on Main Street in Downtown Mountain City, Tennessee. Two of the apartments are on the first floor and have one bedroom, one bath room, large kitchen and large living area. There is a covered front porch where the tenants can sit back and relax while taking in all that Main Street has to offer. The third apartment is located on the second floor and offers two bedrooms, one bathroom, large kitchen and large living area. There is a covered deck leading from the living area offering beautiful views of the mountains and lovely Main Street. The current tenant pays $375 a month but this could very easily be $500. Two of the three apartments are vacant and the third tenant has been renting for a number of years. This is a great investment property in the beautiful mountains of Northeast Tennessee. Whether you're a first-time investor or if you simply want to add to your portfolio, this is a wonderful opportunity. Information is deemed reliable however, buyer and buyer's agent to verify all information.
Location
State TN
County Johnson
Area 0.2
Zoning Yes
Direction From Redtail Mountain travel North on US Hwy 421 for 3.9 miles. Turn right onto West Main Street and travel 348 feet the apartments will be on the left.
Interior
Heating Baseboard
Cooling None
Equipment Additional Building(s), Cable TV, Exterior Lights, Outside Storage, Range, Refrigerator, Smoke Detector(s)
Heat Source Baseboard
Exterior
Roof Type Metal
Road Frontage City Street
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 041p D 041.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Elizabeth Cornett • Ace Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "