Mountain City, TN 37683,402 Main ST
Mountain City, TN 37683,402 Main ST
Mountain City, TN 37683,402 Main ST
Mountain City, TN 37683,402 Main ST
Mountain City, TN 37683,402 Main ST
Mountain City, TN 37683,402 Main ST
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$100,000

$135,000

25.9%
Est.Price: ?

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Est. payment /mo

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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Listed by James Bonifacino • General Realty of Tennessee
Bought with Elizabeth Cornett • Ace Realty
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