Shelbyville, TN 37160,511 Elizabeth St
Shelbyville, TN 37160,511 Elizabeth St
Shelbyville, TN 37160,511 Elizabeth St
Listed by Casey Baird • Benchmark Realty, LLC
$425,000
Est. payment /mo
$475,000
10.5%
Est.Price: ?

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

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


RealTracs IDX

GET MORE INFORMATION

Troy Charlton

+1(615) 260-0521

Agent | License ID: 262996

Agent License ID: 262996

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.