Commercial ()

116 Highland Ave, Church Hill, TN 37642

Stories: 2.0

Price: $774,900 Price Per ft²: $139.17 List Date: 2025-08-11 DOM: 15
City Tax: $1,274 County Tax: $3,222

Year Built: 1978

Finished Area: 2,304 ft²

Unfinished: 3,264 ft² (not in garage)

Total Area: 5,568 ft² (Finished & Unfinished)

Lot Size: 0.52 acre(s) Lot Dimensions: 150 x 141 irr

Heating: Heat Pump Cooling: Heat Pump Water & Sewage: Public

Description

Brick 10-Plex in Church Hill provides a great value and opportunity for an investor looking to expand their portfolio. Eight 1 bedroom, 1 bath units at the front of the building. All units are move in ready with new paint, newer flooring, and some have newer appliances. 2 units are ready to be rented. Roof was put on in 2020. All the doors have been painted. New steps and decking done to the upstairs units. The monthly income could be up to $5600+ The rear of the building includes 2304 sq. ft. of unfinished and semi-finished space for income producing improvements including a 2-bedroom 1.5 bath unit in need of renovation, a framed 1 bedroom, 1 bath unit, and an additional space for an on-site laundry. Once finished that could add an additional $1800+ a month income. Separate Electric meters. Owner pays water, lawn care and trash. Each unit is approx 576 sq ft. Unit 1 is getting a new stove. Unit 4 appliances have been ordered and will be installed before closing. Property Information taken from tax records and third party sources. Buyer's agent to verify all information. Buyers NEED to be pre approved before viewing.