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Address Not Published

Erwin, TN 37650
  • $649,999
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 1203329
UPDATED: 42 min ago
$649,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,191
    SQFT
  • $297
    $/SQFT
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

Description

Excellent investment opportunity in the heart of downtown Erwin, TN! This fixer-upper is a tremendous opportunity for multi-family investors, with projected monthly revenue up to $9200 after repairs! Take advantage of the historic character and create mid-to-high level rental units. Units range from nine small 1-bedroom apartments to two larger 2-bedroom apartments. Several could be converted to additional 2-bedrooms or 3-bedroom units. Immediate sidewalk access and off-street parking. Walking distance to downtown shops and restaurants. The ground level units could also easily be converted to retail/office space. Grab this opportunity while you can!

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© 2022 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Austin Sizemore Team | Brokered by eXp Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Austin Sizemore Team | Brokered by eXp Realty. Data last updated: 2022-10-01T09:24:50.883.
www.austinsizemore.com/homes/132306816
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Address Not Published Erwin, TN 37650

  • Price: $649,999
  • Status: Active
  • On Site: 42 Days
  • Updated: 42 min ago
  • MLS #: 1203329
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,191
SQFT
$297
$/SQFT
1910
Built
County:
Unicoi
Area:
Erwin
Property Description
Excellent investment opportunity in the heart of downtown Erwin, TN! This fixer-upper is a tremendous opportunity for multi-family investors, with projected monthly revenue up to $9200 after repairs! Take advantage of the historic character and create mid-to-high level rental units. Units range from nine small 1-bedroom apartments to two larger 2-bedroom apartments. Several could be converted to additional 2-bedrooms or 3-bedroom units. Immediate sidewalk access and off-street parking. Walking distance to downtown shops and restaurants. The ground level units could also easily be converted to retail/office space. Grab this opportunity while you can!
Exterior Features

Construction Frame - Brick Driveway Na Garage Parking Off-Street ParkingOn-Street Parking Lot Size 115 X 53 X 18X35x97x86 Siding Brick

Interior Features

Cooling Central Cooling Floors OtherTile Fuel ElectricGas (Natural) Heat Central Misc Features None Other Rooms Breakfast RoomDen/Study

Property Features

Auction YN No City County Code City Limits City Taxes 1110.50 County Taxes 1702.01 Miscellaneous Storage Space Multifamily Sub Type Apartment New Financing CashConventionalExchangeNew LoanOther Property Status N/A Pud YN No Restrictions Yes Sale Includes Building Only Total Tax 2812.20 Type Of Units 3 Or More Bdrm Units Units Leased 0.00 Utilities Mo Avg 0.00

Listing information © 2022 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Your Home Sold Guaranteed Realty: (865) 365-2280.


© 2022 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Austin Sizemore Team | Brokered by eXp Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Austin Sizemore Team | Brokered by eXp Realty. Data last updated: 2022-10-01T09:24:50.883.
 
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Austin Sizemore Team | Brokered by eXp Realty
2010 East Main Street
Chattanooga TN, 37404