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423-968-7653
Apple Realty and Auction
Multifamily

301 West G St, Elizabethton, TN 37643

Other See Remarks
FOR SALE
Price: $159,900  Price Per SqFt: List Date: 2018-12-04  DOM:  7
City Tax: $1,053 County Tax: $1,452
Year Built: 1920 About homes built before 1978
Lot Dimensions: 56x151
Heating: Baseboard, Central, OilCooling: CentralWater & Sewage: Sewer-Public, Water-Public
Appliances: Refrigerator, Stove

Description

Centrally located within walking distance to downtown Elizabethton, this 4 unit apartment complex provides an excellent potential for return on your investment. This property features great original brick architecture and character with original hardwood floors and woodwork. The main front building consists of a lower and upper unit each having a spacious layout with three bedrooms, one bathroom, and washer/dryer connection. The back building features two units with the lower unit having one bedroom and 1 bathroom and the upper unit having two bedrooms and one bath. The potential monthly income on this property would be as follows: Front building each unit should rent for $600 a piece and the back building, the rent is $500 for lower unit with utilities included and the upper unit rented for $515 with utilities included. With potential income on $1900 per month, this property would easily cash flow and pay for itself. Opportunities are rare in finding quality investment property in such a highly desirable location. This property is a nice, easily manageable complex that would require little maintenance on the new owner's part. This property is priced aggressively to sell is being sold as is.

Community Information

Geographical
Area: City of Elizabethton
County: Carter
Subdivision:
Zoning: R-3
School System
Harold Mccormick Elementary
T A Dugger Middle
Elizabethton High

Interior

Rooms with Fireplaces: Living Room  Flooring: Hardwood, Vinyl Basement & Foundation: Full 

Exterior

Porch, Patio, Decking Detail:  Covered, Front, Porch Roof: Composition Shingle, Metal Exterior Finish: Other See Remarks 

Photos

Listing by Remax Checkmate, Inc. Realtors
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