Two properties for the price of one

Multi-Family for Sale
Catylist Listing ID: 30180512
Property Subtypes: Mixed Use, Other
Number of Units: 2 Units
Building Size (RSF): 1,100 SF
Gross Building Area: See Agent
Sale Price: $79,900
Unit Price: $39,950 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/25/2018

Overview / Comments

Two properties for the price of one. They each have their own address. Both properties are rented for a total of $1000.00 a month. The main house is 2 BR, 1 BA. The Bungalow is a 1 BR, 1BA. If you’re going to do a drive by please respect the tenants that live there. Appointment necessary to see. Call for more information.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $500 (Annual)
Potential Rental Income $1,000 (Annual)

Additional Details

Nearest MSA: Morristown
County: Jefferson
Taxing Authority: Jefferson County
Zoning: RESIDENTIAL
Percent Occupied: 100%
Property Located Between: Hospital and Carson Newman University
Highway Access: close to Hwy 11E
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 1
Year Built: 1945
Roof Type: Hip
Construction/Siding: Wood Siding
Parking Type: Surface
Parking Description: On site
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Other
Internet Access: Cable, DSL, Satellite, Dialup, Other
Zoning Description: Residential
Lot Frontage: 70
Lot Depth: 111
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,857 11,935 24,709
Median Age: 25.45 34.73 38.82
Households: 1,221 4,455 9,401

Contact

Photograph of Listing Agent

Burlin Allen

Re/Max Between the Lakes
KAAR CIE Member
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