For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $228,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $125
MLS Listing ID 2712107
Sold Date 02/20/24
HOA Y/N No
Year Built 1940
Annual Tax Amount $1,885
Lot Dimensions 215X174
Property Description
**MULTIPLE OFFERS RECEIVED -- HIGHEST AND BEST DUE MONDAY 2/5 at 3:00** KILLER INVESTMENT OPPORTUNITY!! If you're in the market for a multi-family property that you can buy into some equity, here it is! This property currently has one duplex (over and under) as well as a SFR that was previously another duplex - still two separate meters and water lines. The previous owner converted it for them to live in, but it could be converted back without too much trouble. Please do your own due diligence, but I think with a relatively light rehab, each unit could rent for $700-800/mo. pulling appx $3,000/mo total. This is a cash flowing dream. Fantastic location, great neighborhood, potentially 4 units; this is a slam dunk. All units are currently vacant, so you would be able to start work right away!
Location
State TN
County Hamilton County
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace N
Exterior
Utilities Available Water Available
Waterfront false
View Y/N false
Roof Type Other
Parking Type Detached
Private Pool false
Building
Story 1
Water Public
Structure Type Other,Brick
New Construction false
Schools
Elementary Schools Lookout Valley Elementary School
Middle Schools Lookout Valley Middle / High School
High Schools Lookout Valley Middle / High School
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of RealTrac as distributed by MLS GRID. All Rights Reserved.
GET MORE INFORMATION