416 1st Ave
Lewisburg, TN 37091
4439 sqft | #3014947
Description
An incredible opportunity to grow your portfolio! This property is fully rented and has a cap rate over 11%! There are a total of 7 different apartments: 5-1bed/1bath units, 1-studio, 1-3 bed/1 bath. The 3 bedroom apartment has separate utility meter and tenant pays own utilities except water, the other 6 units utilities are included in rent. Four apartments have washer/dryer hook ups Ask list agent about an owner financing opportunity.<br />The property is located very close to the town square and Rock Creek park. Please do not disturb tenants. Scheduled showings are required.
Property Details
- Elementary SchoolMarshall-Oak Grove-Westhills ELem.
- Middle SchoolLewisburg Middle School
- High SchoolMarshall Co High School
- CountyMarshall County, TN
- Property SubtypeResidential Income
- Utility FeaturesWater Available
- Sewer InformationPublic Sewer
- Structure TypeMulti Family
- Property TypePurchase
- Original List Price$424,900
- MLS #3014947
- MLS #3014947
- Utility SourcePublic
- Taxes Annual$2,530
- Cost424900
- Square Feet4439
- Year Built1922
- Subdivisionn/a
Location
Legal
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Last Updated: . Source: REALTRAC
Provided By
Listing Agent: Tina Marie Baker (#RTC72731)
Listing Office: Crye-Leike, Inc., REALTORS (#RTC406)
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