Sales Price: $399,900
Cottage, Traditional, Split Level, Ranch
- Year Built: 1980
- City Tax: $791
- County Tax: $760
- Lot Size: 1.50 acre(s)
- Total Area: 4,142 ft²
- Heating: Baseboard, Heat Pump, Electric
- Cooling: Heat Pump, Window Unit(s)
- Water / Sewage: Public
- Topography: Rolling Slope
Overview Property Type: Multifamily Investment Location: Within city limits of Greeneville Lot Size: 1.5 acres Total Units: 3 buildings, 5 rental units Total Monthly Rental Income: $3,850 Estimated Annual Rental Income: $46,200 Reported Potential Net Income: $41,500/yearUnit BreakdownUnit 1 (Front House Converted to 3 Apartments) Total Units: 3 Total Sq. Ft. (Estimated): 1,730 sq. ft. Apartment A (Lower Level - Main): 2 bed / 1 bath, 830 sq. ft. Rent: $900/month Apartment B (Lower Level - Side): 1 bed / 1 bath, 450 sq. ft. Rent: $600/month Apartment C (Upper Level): 1 bed / 1 bath, 450 sq. ft. Rent: $700/monthUnit 2 (Middle Home) Structure Type: Small house/cottage Size: 432 sq. ft. Layout: 1 bed / 1 bath Rent: $450/monthUnit 3 (Rear Home at Top of Driveway) Structure Type: Single-family home Size: 1,980 sq. ft. Layout: 3 bed / 2 bath 2 bedrooms and 2 bathrooms on main level 1 bedroom in basement One-car drive-under garage Heat pump Large back deck Rent: $1,200/monthFinancial SummaryUnit Bedrooms Bathrooms Size (Sq. Ft.) Rent (Monthly)Unit 1A (Main) 2 1 830 $900Unit 1B (Side) 1 1 450 $600Unit 1C (Upper) 1 1 450 $700Unit 2 (Middle) 1 1 432 $450Unit 3 (Rear) 3 2 1,980 $1,200Total — — 4,142 $3,850Investment Highlights Gross Annual Income: $46,200 Reported Net Income: $41,500 (estimated after expenses) Diverse Unit Mix: 1BR, 2BR, and 3BR options attract a wide tenant pool. Spacious Lot: 1.5 acres offering future development or expansion potential. City Location: Inside Greeneville city limits
Lot Dimensions: See Acres
Expenses Include: Electric, Water/SewerUtilities Expenses: $
Community: Greene County, , Subdivision, Zoned A-1
Schools: Camp Creek Elementary, South Greene Middle, South Greene High
Interior Features:
Other Rooms: Apartment, Laundry Rooms with Fireplaces: Living RoomFlooring: Carpet, Vinyl, Laminate, Hardwood Basement & Foundation: Dirt Floor, Concrete, Partially Finished, Garage DoorOther Features: Kitchen/Dining Combo
Exterior Features:
Porch, Patio, Decking Detail: Rear Porch, Front Porch, Front Patio Roof: Asphalt, Shingle, Metal Exterior Finish: Brick, Wood Siding, Vinyl Siding Garage: 1