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325 Swimming Pool Road, 4, Hampton, TN 37658 - $384,900

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Quadruplex MLS Number: 9968441
Living Area: 0 Lot Acreage: 1 Year Built: 1976
Elementary School: Hampton Middle School: Hampton High School: Hampton
Property Description
This fantastic investment opportunity will immediately cash flow for its new owner and provide a great income. This four unit apartment complex consists of four townhouse units that are very well cared for. Three of the units are rented for $875.00. Each unit consists of two bedrooms, 1.5 baths, kitchen, and living room. This complex features separate metered electric for each unit. The current owner pays an average of $115.00.00 per month for water and $160.00 per month on trash pick up. The current owner has a flood insurance policy and that has been factored into the annual operating expenses. Furthermore, utilities are in the annual operating expenses as well. This complex is extremely well maintained, and sits directly on the Laurel Fork of the river and would provide an excellent investment opportunity with a great return on your money. All information and square footage are subject to buyer verification.
Listing Status
Active
  • More Listing Info
    AC:None11true
    Appliances:Electric Rangetrue
    Appliances:Refrigeratortrue
    Basement:Block4true
    Basement:Crawl Spacetrue
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Brick4true
    Exterior Finish:Vinyl Sidingtrue
    Flooring:Carpettrue
    Flooring:Laminatetrue
    Flooring:Vinyltrue
    Foundation:Block6true
    General Property Description:# Buildings1
    General Property Description:# of Units4.0
    General Property Description:Acres0.57
    General Property Description:Elementary School3Hampton
    General Property Description:High School3Hampton
    General Property Description:HOA YNNo
    General Property Description:Lot DimensionsSee acreage
    General Property Description:Middle School2Hampton
    General Property Description:Stories22
    General Property Description:Total Units4
    General Property Description:Zoning2Commercial
    Heating:Baseboardtrue
    Heating:Electrictrue
    Income and Expenses:Annual Utility Expenses1380
    Income and Expenses:Gross Annual Income42000
    Income and Expenses:Net Annual Income38700
    Info Available:Leases2true
    Laundry Features:Electric Dryer Hookuptrue
    Laundry Features:Washer Hookuptrue
    Levels:Twotrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes1271.38
    Location Tax Legal Info:Deed Book #250
    Location Tax Legal Info:Deed Page #1600
    Location Tax Legal Info:Unit #4
    Parking Features:Graveltrue
    PorchPatioDeck:Front Porchtrue
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3Traveling to Hampton on Highway 19E turn left on Highway 321. After you pass Brown's Store turn left on George Brown Road. Turn left on Swimming pool Road. Property on right see sign.
    Remarks Misc:Public Remarks2This fantastic investment opportunity will immediately cash flow for its new owner and provide a great income. This four unit apartment complex consists of four townhouse units that are very well cared for. Three of the units are rented for $875.00. Each unit consists of two bedrooms, 1.5 baths, kitchen, and living room. This complex features separate metered electric for each unit. The current owner pays an average of $115.00.00 per month for water and $160.00 per month on trash pick up. The current owner has a flood insurance policy and that has been factored into the annual operating expenses. Furthermore, utilities are in the annual operating expenses as well. This complex is extremely well maintained, and sits directly on the Laurel Fork of the river and would provide an excellent investment opportunity with a great return on your money. All information and square footage are subject to buyer verification.
    Roof:Asphalttrue
    Sewer:Septic Tanktrue
    Structure Type:Quadruplextrue
    Style:Townhouse2true
    TopographyLot Description:Level2true
    TopographyLot Description:Part Woodedtrue
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms32
    Unit 1:# Half Baths1.0
    Unit 1:# Rooms44
    Unit 1:# Units4
    Unit 1:Monthly Rent875
    Unit 1:SqFt6984
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 2:# Half Baths21.0
    Unit 2:# Rooms34
    Unit 2:Monthly Rent2875
    Unit 2:SqFt5984
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms52
    Unit 3:# Rooms24
    Unit 3:Half Baths1.0
    Unit 3:Monthly Rent3900
    Unit 3:SqFt2984
    Unit 4:# Bathrooms21.0
    Unit 4:# Bedrooms62
    Unit 4:# Rooms4
    Unit 4:Half Baths21.0
    Unit 4:Monthly Rent4875
    Unit 4:SqFt984
    Utilities:Cable Availabletrue
    View:CreekStreamtrue
    Walls:Drywalltrue
    Walls:Panelingtrue
    Water:Publictrue
    Window Features:Insulated Windowstrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
REMAX Checkmate, Inc. Realtors
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