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Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Multi-Family
Sub Type: Multi-Family
MLS Number: 9962318
Lot Acreage: 1.80000
Living Area: 0
Year Built:1973
Elementary School: Rogersville
Middle School: Rogersville
High School: Cherokee
Public Remarks: 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.
Listing Courtesy:SVN, Wood Properties
AC:Central Air: true
Construction:Site Built2: true
Contract Info:Foreclosure: No
Easements:None12: true
Exterior Finish:Brick4: true
General Property Description:Acres: 1.8
General Property Description:Elementary School3: Rogersville
General Property Description:High School3: Cherokee
General Property Description:HOA YN: No
General Property Description:Lot Dimensions: 300 X 300 IRR
General Property Description:Middle School2: Rogersville
General Property Description:Total Units: 14
General Property Description:Zoning2: R-2
Heating:Central: true
Location Tax Legal Info:City Taxes: 3956.47
Location Tax Legal Info:County Taxes: 6168.79
Remarks Misc:Directions3: I-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 Remarks2: 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.
Showing Instructions:24 Hour Notice: true
Style:Townhouse: true
Style:Traditional: true
TopographyLot Description:Level2: true
Unit 1:# Bathrooms5: 1.0
Unit 1:# Bedrooms3: 1
Unit 1:# Units: 2
Unit 2:# Bathrooms4: 1.0
Unit 2:# Bedrooms4: 2
Unit 2:# Half Baths2: 0.5
Unit 2:# Units2: 10
Unit 3:# Bathrooms3: 2.0
Unit 3:# Bedrooms5: 2
Unit 3:# Units3: 2
Unit 4:# Units4: 0
Water:Public: true