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1408 State Line Road, Elizabethton, TN 37643 - $224,900

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9960511
Living Area: 0 Lot Acreage: 1 Year Built: 1968
Elementary School: Valley Forge Middle School: Hampton High School: Hampton
Property Description
An investment opportunity awaits with this unique property featuring a main home featuring over 3600 square feet that has been torn out to the studs to re-work into what could be three separate apartments. Each with the possibility of having an open concept floor plan and having two bedrooms and two bathrooms. Each apartment could have around 1200 square feet per unit . Additionally there is a one bedroom apartment that is currently rented for $750.00 per month on a lease. Additionally there is a two car attached garage and 1 bay garage perfect for storage. This property features 216 feet of road frontage that could allow for additional driveway for parking. This home features brick construction and metal roof approximately 8 years old. This is a great investment that has a month cash flow potential easily around $4,000 per month. All information and square footage subject to buyer verification.
Listing Status
Active
  • More Listing Info
    AC:None11true
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Brick4true
    General Property Description:Acres0.68
    General Property Description:Elementary School3Valley Forge
    General Property Description:High School3Hampton
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensionssee acres
    General Property Description:Middle School2Hampton
    General Property Description:Total Units4
    General Property Description:Zoning2Residential
    Heating:Electrictrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes416.66
    Location Tax Legal Info:Deed Book #24
    Location Tax Legal Info:Deed Page #619
    Location Tax Legal Info:Lot #1
    Remarks Misc:Directions3Traveling Hwy 19E, turn beside Walgreens. Take a left onto State Line Road. Property on right.
    Remarks Misc:Public Remarks2An investment opportunity awaits with this unique property featuring a main home featuring over 3600 square feet that has been torn out to the studs to re-work into what could be three separate apartments. Each with the possibility of having an open concept floor plan and having two bedrooms and two bathrooms. Each apartment could have around 1200 square feet per unit . Additionally there is a one bedroom apartment that is currently rented for $750.00 per month on a lease. Additionally there is a two car attached garage and 1 bay garage perfect for storage. This property features 216 feet of road frontage that could allow for additional driveway for parking. This home features brick construction and metal roof approximately 8 years old. This is a great investment that has a month cash flow potential easily around $4,000 per month. All information and square footage subject to buyer verification.
    Structure Type:Housetrue
    Style:Ranch2true
    TopographyLot Description:Level2true
    Unit 1:# Units1
    Unit 2:# Units20
    Unit 3:# Units30
    Unit 4:# Units40
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
REMAX Checkmate, Inc. Realtors
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