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370-414 Erwin Highway

Greeneville, TN 37745
  • $1,150,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 9951862
Price Reduced
$1,150,000
  • 21
    BEDS
  • 1.63
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Information

Elementary School:
Middle School:
High School:

Description

Great Investment Opportunity in the rapidly growing city of Greeneville. 11 units total on 1.66 acres of land conveniently located a 1/2 mile from Main St and a 1/2 mile from Tusculum College. Property offers 4 buildings, 370 Town House, 2 unit duplex offers 2 bedroom 1.5 bath with basement 2 car garages. 390 3 units, triplex, Offers #1 2 bed 2.5 bath with basement 2 car garage, Unit # 2 2 story 2 bed 1.5 bath townhouse, Unit #3 Studio offering 1 bath. 410 4 units quad plex offering 2 bed 1 bath with 5 car ports, 414 2 units duplex offering 2 bed 1 bath with basement and garages. Estimated Gross Annual Revenue $114,540. Building 370 Has a metal roof, estimated 10 years in age, Building 390 roof Is Estimated 4.5 Years Old, Building 410 roof is 4 years old, Building 414 roof is about 1 year old. Individual Electric, Individual Water Except for water on buildings 410 Units 1-4 & 390 units 1 & 3, owner pays water. Information Deemed Accurate But Not Guaranteed. Buyers Agent To Verify.

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© 2023 Tennessee/Virginia Regional Multiple Listing Service. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-06-03T23:59:53.88.
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370-414 Erwin Highway Greeneville, TN 37745

  • Price: $1,150,000
  • Status: Active
  • On Site: 18 Days
  • MLS #: 9951862
21
Beds
12
Baths
0
½ Baths
1.63
Acres
1987
Built
Neighborhood:
Not In Subdivision
County:
Greene
Elementary School:
Tusculum View
Middle School:
Greeneville
High School:
Greeneville
Property Description
Great Investment Opportunity in the rapidly growing city of Greeneville. 11 units total on 1.66 acres of land conveniently located a 1/2 mile from Main St and a 1/2 mile from Tusculum College. Property offers 4 buildings, 370 Town House, 2 unit duplex offers 2 bedroom 1.5 bath with basement 2 car garages. 390 3 units, triplex, Offers #1 2 bed 2.5 bath with basement 2 car garage, Unit # 2 2 story 2 bed 1.5 bath townhouse, Unit #3 Studio offering 1 bath. 410 4 units quad plex offering 2 bed 1 bath with 5 car ports, 414 2 units duplex offering 2 bed 1 bath with basement and garages. Estimated Gross Annual Revenue $114,540. Building 370 Has a metal roof, estimated 10 years in age, Building 390 roof Is Estimated 4.5 Years Old, Building 410 roof is 4 years old, Building 414 roof is about 1 year old. Individual Electric, Individual Water Except for water on buildings 410 Units 1-4 & 390 units 1 & 3, owner pays water. Information Deemed Accurate But Not Guaranteed. Buyers Agent To Verify.
Exterior Features

Exterior Features Other Exterior Finish See RemarksVinyl Siding Foundation Block Garage Carport Spaces 4 Lot Dimensions 172.5 X 245.19 IRR Parking Features AsphaltAttachedCarportGarage Door OpenerSee Remarks Porch Patio Deck Deck Roof Asphalt Style 1 Story2 StoryDuplexRaised RanchSee Remarks Topography Lot Description Rolling Slope View Creek/Stream Walls Drywall Window Features Double Pane WindowsOther

Interior Features

Ac Ceiling Fan(S)Central AirWindow Unit(S) Appliances CooktopDishwasherDryerElectric RangeMicrowaveRefrigeratorWasher Basement BlockSee Remarks Building1 Number Half Baths 2.00 Building2 Number Half Baths 2.00 Flooring CarpetTileVinyl Heating CentralElectric Interior Features Eat-In KitchenKitchen/Dining ComboPrimary DownstairsRemodeledSmoke Detector(S)Walk-In Closet(S) Laundry Features Electric Dryer HookupWasher Hookup Other Rooms Primary BedroomWorkshop

Property Features

Amenities Landscaping Auction No Building1 Monthly Rent 1975 Building1 Number Units 2 Building2 Monthly Rent 2775 Building2 Number Units 3 Building3 Monthly Rent 3200 Building3 Number Units 4 Building4 Monthly Rent 1595 Building4 Number Units 2 City Taxes 3581.55 County Taxes 3264.11 Easements None Expenses Include ElectricLawn MaintProperty ManagementRepairs And MaintSee RemarksTaxes Real EstateUtilitiesWater/Sewer Financing CashConventional Foreclosure No Income And Expenses Gross Annual Income 113940 Property Condition Above AverageAverage Property Sub Type Multi-Family Sewer Public Sewer Short Sale No Water Public Zoning R3

Listing information © 2023 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Cory Peters of Bridge Pointe Real Estate Jonesborough: (423) 482-9616.



© 2023 Tennessee/Virginia Regional Multiple Listing Service. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-06-03T23:59:53.88.
 
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Bridge Pointe Real Estate
504 E Jackson Blvd
Jonesborough TN, 37659