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702 West Main Street, Jonesborough, TN 37659 - $499,000

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Blue Ridge Properties Listing

702 West Main Street, Jonesborough, TN 37659 (MLS #9991719)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Quadruplex

MLS Number: 9991719

Lot Acreage: 1.84000

Living Area: 0

Year Built:1960

Elementary School: Jonesborough

Middle School: Jonesborough

High School: David Crockett

Public Remarks: Are you looking for an investment property with immediate income potential? This well positioned four-plex sits at the edge of Tennessee's oldest town, offering a strong investment opportunity and rental appeal. The property currently features four established rental units. Three units are tenant-occupied with active leases in place. The fourth is owner-occupied and could be leased after June. (Third party resources were used for information purposes, Buyer to verify.) There is also potential to convert additional space into a fifth unit ideal for a short-term rental. Multiple income streams, expansion opportunity, historic downtown location, flexible rental strategy. Please refer to the uploaded floor plans for detailed layouts and unit configurations. There is an extra lot in the back on the units for expansion purposes. (Third party resources were used for research, Buyer to verify.)

Listing Courtesy:Debby Gibson Real Estate

More Listing Info:

AC:Central Air: true

Appliances:Electric Range: true

Appliances:Refrigerator: true

Contract Info:Foreclosure: No

Easements:None12: true

Exterior Finish:Vinyl Siding: true

General Property Description:Acres: 1.84

General Property Description:Elementary School3: Jonesborough

General Property Description:High School3: David Crockett

General Property Description:HOA YN: No

General Property Description:Lot Dimensions: 0

General Property Description:Middle School2: Jonesborough

General Property Description:Total Units: 20

General Property Description:Zoning2: res

Heating:Central: true

Levels:Two: true

Location Tax Legal Info:City Taxes: 2038.06

Location Tax Legal Info:County Taxes: 2810.56

Location Tax Legal Info:Deed Book #: 1097

Location Tax Legal Info:Deed Page #: 2369

Parking Features:Unpaved: true

Property Condition:Average: true

Remarks Misc:Directions3: Go through Main Street in Jonesborough heading towards Wet Lands. You will find the units on the right, See sign.

Remarks Misc:Public Remarks7: Are you looking for an investment property with immediate income potential? This well positioned four-plex sits at the edge of Tennessee's oldest town, offering a strong investment opportunity and rental appeal. The property currently features four established rental units. Three units are tenant-occupied with active leases in place. The fourth is owner-occupied and could be leased after June. (Third party resources were used for information purposes, Buyer to verify.) There is also potential to convert additional space into a fifth unit ideal for a short-term rental. Multiple income streams, expansion opportunity, historic downtown location, flexible rental strategy. Please refer to the uploaded floor plans for detailed layouts and unit configurations. There is an extra lot in the back on the units for expansion purposes. (Third party resources were used for research, Buyer to verify.)

Roof:Asphalt: true

Sewer:Public Sewer: true

Structure Type:Multi Family: true

Structure Type:Quadruplex: true

Style:Other53: true

Style:See Remarks40: true

TopographyLot Description:Level2: true

Unit 1:# Bedrooms3: 1

Unit 1:# Units: 1

Unit 1:Monthly Rent: 1135

Unit 2:# Bathrooms4: 1.0

Unit 2:# Bedrooms4: 2

Unit 2:# Half Baths2: 1.0

Unit 2:# Units2: 2

Unit 2:Monthly Rent2: 1000

Unit 3:# Bathrooms3: 1.0

Unit 3:# Bedrooms5: 1

Unit 3:# Units3: 3

Unit 3:Monthly Rent3: 900

Unit 4:# Bathrooms2: 1.0

Unit 4:# Bedrooms6: 3

Unit 4:# Units4: 4

Walls:Drywall: true

Water:Public: true

Window Features:Double Pane Windows: true