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524 Rock Creek Road, Erwin, TN 37650 - $259,900

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Duplex MLS Number: 9973446
Living Area: 0 Lot Acreage: 2 Year Built: 1959
Elementary School: Rock Creek Middle School: Unicoi Co High School: Unicoi Co
Property Description
Looking for a low maintenance investment property? Add this duplex with room to grow to your portfolio! Large 2 bedroom 1 bathroom units with great kitchen space make these stay full! New roof(1 year old) and room to build several more on the property Rents are soft as seller self manages and has another business. This will cash flow around a 9 cap proforma before you add more units Buyer/Buyer's agent to verify
Listing Status
Active
  • More Listing Info
    AC:Central Airtrue
    AC:Heat Pump3true
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Brick4true
    General Property Description:# Buildings1
    General Property Description:# of Units2.0
    General Property Description:Acres1.5
    General Property Description:Elementary School3Rock Creek
    General Property Description:High School3Unicoi Co
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot Dimensions196x247x189x244
    General Property Description:Middle School2Unicoi Co
    General Property Description:Total Units2
    General Property Description:Zoning2R2
    Heating:Centraltrue
    Heating:Heat Pump2true
    Levels:Onetrue
    Location Tax Legal Info:City Taxes908.38
    Location Tax Legal Info:County Taxes1528.71
    Location Tax Legal Info:Deed Book #384
    Location Tax Legal Info:Deed Page #721
    Property Condition:Averagetrue
    Remarks Misc:Directions3Exit 37 to Main Street to Rock Creek
    Remarks Misc:Public Remarks2Looking for a low maintenance investment property? Add this duplex with room to grow to your portfolio! Large 2 bedroom 1 bathroom units with great kitchen space make these stay full! New roof(1 year old) and room to build several more on the property Rents are soft as seller self manages and has another business. This will cash flow around a 9 cap proforma before you add more units Buyer/Buyer's agent to verify
    Roof:Shingletrue
    Sewer:Public Sewertrue
    Structure Type:Duplex3true
    Style:Ranch2true
    TopographyLot Description:Level2true
    Unit 1:# Bathrooms52.0
    Unit 1:# Bedrooms34
    Unit 1:# Units2
    Unit 1:SqFt61740
    Unit 2:# Bedrooms42
    Utilities:Cable Availabletrue
    Utilities:Natural Gas Available2true
    View:Mountain(s)true
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
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