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301 Park Boulevard, Rogersville, TN 37857 - $1,099,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi-Family Sub Type: Multi-Family MLS Number: 9962318
Living Area: 0 Lot Acreage: 2 Year Built: 1973
Elementary School: Rogersville Middle School: Rogersville High School: Cherokee
Property Description
14 Townhomes located downtown at 301 Park Blvd, Rogersville, TN. This property is well positioned for future ownership to implement a value-add strategy across units and bring rents up to market rate. Consisting of (2) 1 bedroom/1 bathroom flats, (10) 2 bedrooms/1.5 bathroom, and (2) 2 bedrooms/2 bathroom townhomes investors can underwrite based on comparable units in the market to an average of $200/month+ in moving rents to what is market for the area and further with future renovations.
  • More Listing Info
    AC:Central Airtrue
    Construction:Site Built2true
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Brick4true
    General Property Description:Acres1.8
    General Property Description:Elementary School3Rogersville
    General Property Description:High School3Cherokee
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions300 X 300 IRR
    General Property Description:Middle School2Rogersville
    General Property Description:Total Units14
    General Property Description:Zoning2R-2
    Heating:Centraltrue
    Location Tax Legal Info:City Taxes3956.47
    Location Tax Legal Info:County Taxes6168.79
    Remarks Misc:Directions3I-40 E toward Asheville take exit 421 toward Bristol onto I-81N. Take exit 8 toward Morristown on US-25E N. Take ramp onto Highway 11W (US-11W N) towards Rogersville. Go for 19miles. Turn right onto Park Blvd. Go for .2miles. Property is on the right.
    Remarks Misc:Public Remarks214 Townhomes located downtown at 301 Park Blvd, Rogersville, TN. This property is well positioned for future ownership to implement a value-add strategy across units and bring rents up to market rate. Consisting of (2) 1 bedroom/1 bathroom flats, (10) 2 bedrooms/1.5 bathroom, and (2) 2 bedrooms/2 bathroom townhomes investors can underwrite based on comparable units in the market to an average of $200/month+ in moving rents to what is market for the area and further with future renovations.
    Showing Instructions:24 Hour Noticetrue
    Style:Townhousetrue
    Style:Traditionaltrue
    TopographyLot Description:Level2true
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms31
    Unit 1:# Units2
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 2:# Half Baths20.5
    Unit 2:# Units210
    Unit 3:# Bathrooms32.0
    Unit 3:# Bedrooms52
    Unit 3:# Units32
    Unit 4:# Units40
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
SVN, Wood Properties
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