Average square foot calculated using Size range provided by listing agent.
Description
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/year Unit Breakdown Unit 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/month Unit 2 (Middle Home) • Structure Type: Small house/cottage • Size: 432 sq. Ft. • Layout: 1 bed / 1 bath • Rent: $450/month Unit 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/month Financial Summary Unit Bedrooms Bathrooms Size (Sq. Ft.) Rent (Monthly) Unit 1A (Main) 2 1 830 $900 Unit 1B (Side) 1 1 450 $600 Unit 1C (Upper) 1 1 450 $700 Unit 2 (Middle) 1 1 432 $450 Unit 3 (Rear) 3 2 1, 980 $1, 200 Total — — 4, 142 $3, 850 Investment 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 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/year Unit Breakdown Unit 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/month Unit 2 (Middle Home) " Structure Type: Small house/cottage " Size: 432 sq. Ft. " Layout: 1 bed / 1 bath " Rent: $450/month Unit 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/month Financial Summary Unit Bedrooms Bathrooms Size (Sq. Ft.) Rent (Monthly) Unit 1A (Main) 2 1 830 $900 Unit 1B (Side) 1 1 450 $600 Unit 1C (Upper) 1 1 450 $700 Unit 2 (Middle) 1 1 432 $450 Unit 3 (Rear) 3 2 1, 980 $1, 200 Total 4, 142 $3, 850 Investment 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 - access to amenities, transit, and services.Show Description
MLS® Number9983767
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelElectric Dryer Hookup, Washer Hookup
Exposure
Exterior
GarageYes
Approx. Age1980
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatBaseboard, Electric, Heat Pump
A/CHeat Pump, Window Unit(s)
Heating Fuel
Extras
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