Property Description

Listing Status

• More Listing Info

  AC:Heat Pump3	true
  AC:Window Unit(s)	true
  Appliances:Dryer	true
  Appliances:Electric Range	true
  Appliances:Refrigerator	true
  Appliances:Washer	true
  Basement:Concrete3	true
  Basement:Dirt Floor	true
  Basement:Garage Door	true
  Basement:Partially Finished	true
  Contract Info:Foreclosure	No
  Easements:None12	true
  Expenses Include:Electric2	true
  Expenses Include:WaterSewer	true
  Exterior Finish:Brick4	true
  Exterior Finish:Vinyl Siding	true
  Exterior Finish:Wood Siding	true
  Fireplace:Living Room	true
  Flooring:Carpet	true
  Flooring:Hardwood	true
  Flooring:Laminate	true
  Flooring:Vinyl	true
  Foundation:Block6	true
  Garage:Garage Spaces	1
  General Property Description:# Buildings	3
  General Property Description:# of Units	5.0
  General Property Description:Acres	1.5
  General Property Description:Elementary School3	Camp Creek
  General Property Description:High School3	South Greene
  General Property Description:HOA YN	No
  General Property Description:Lot Dimensions	See Acres
  General Property Description:Middle School2	South Greene
  General Property Description:Senior Community YN3	No
  General Property Description:Total Units	3
  General Property Description:Zoning2	A-1
  Heating:Baseboard	true
  Heating:Electric	true
  Heating:Heat Pump2	true
  Income and Expenses:Annual Utility Expenses	4620
  Income and Expenses:Gross Annual Income	46200
  Income and Expenses:Net Annual Income	41580
  Info Available:Aerial	true
  Interior Features:KitchenDining Combo	true
  Laundry Features:Electric Dryer Hookup	true
  Laundry Features:Washer Hookup	true
  Levels:One	true
  Levels:Two	true
  Location Tax Legal Info:City Taxes	790.81
  Location Tax Legal Info:County Taxes	759.73
  Location Tax Legal Info:Deed Book #	647A
  Location Tax Legal Info:Deed Page #	1100
  Other Rooms:Apartment	true
  Other Rooms:Laundry	true
  Parking Features:Asphalt2	true
  Parking Features:Attached	true
  Parking Features:Driveway	true
  Parking Features:Gravel	true
  Parking Features:Parking Pad	true
  PorchPatioDeck:Front Patio	true
  PorchPatioDeck:Front Porch	true
  PorchPatioDeck:Rear Porch	true
  Property Condition:Average	true
  Remarks Misc:Directions3	Old Asheville Highway to Whirlwind Road #432.
  Remarks Misc:Public Remarks7	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
  Roof:Asphalt	true
  Roof:Metal3	true
  Roof:Shingle	true
  Sewer:Septic Tank	true
  Structure Type:House	true
  Structure Type:Multi Family	true
  Style:Cottage3	true
  Style:Ranch2	true
  Style:Split Foyer2	true
  Style:Traditional3	true
  TopographyLot Description:Rolling Slope	true
  Unit 1:# Bathrooms5	3.0
  Unit 1:# Bedrooms3	4
  Unit 1:# Half Baths	0.0
  Unit 1:# Rooms4	10
  Unit 1:# Units	3
  Unit 1:Monthly Rent	2200
  Unit 1:SqFt6	1730
  Unit 2:# Bathrooms4	2.0
  Unit 2:# Bedrooms4	3
  Unit 2:# Half Baths2	0.0
  Unit 2:# Rooms3	6
  Unit 2:# Units2	1
  Unit 2:Monthly Rent2	450
  Unit 2:SqFt5	432
  Unit 3:# Bathrooms3	1.0
  Unit 3:# Bedrooms5	1
  Unit 3:# Rooms2	2
  Unit 3:# Units3	1
  Unit 3:Half Baths	0.0
  Unit 3:Monthly Rent3	1200
  Unit 3:SqFt2	1980
  Utilities:Cable Available	true
  Utilities:Electricity Connected	true
  Utilities:Water Connected	true
  View:Mountain(s)	true
  Walls:Drywall	true
  Walls:Paneling	true
  Water:Public	true
  Videos:	(none)
  Virtual Tours:	(none)

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