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350 Carolina Avenue 2, Erwin, TN 37650 - $327,900

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Duplex MLS Number: 9997040
Living Area: 0 Lot Acreage: 0 Year Built: 1954
Elementary School: Rock Creek Middle School: Unicoi Co High School: Unicoi Co
Property Description
DOWNTOWN ERWIN INVESTMENT OPPORTUNITY!!! Don't miss this chance to own a fully rented income producing property in the heart of downtown ERWIN! ''Renovated'' 1766 sq ft 2 Family Home nestled on an oversized flat lot located in a wonderful neighborhood with walking distance to downtown! The lower level is with 2 bedrooms and 2 full bathrooms and is rented for $1,200. The Upper Level is a 2 bedroom and 1 full bathroom and is rented for $950. Outstanding tenants and they want to remain in the property. There is a 20 X 24 block garage with alley access that has a separate rental income of $250. Each Unit includes all appliances, refrigerator, range, washer/dryers. Newer renovations include New HVAC up and down, new electric service metal roof, both apartments have been totally renovated. Opportunities like this don't come often capitalize on Erwin's growing market and secure this revenue-generating property today!
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    Appliances:Dryertrue
    Appliances:Electric Rangetrue
    Appliances:Rangetrue
    Appliances:Washertrue
    Basement:Concrete3true
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Asbestostrue
    Fireplace:Living Roomtrue
    Fireplace:Ornamentaltrue
    Flooring:Hardwoodtrue
    Flooring:Laminatetrue
    Flooring:Vinyltrue
    Garage:Carport Spaces1
    Garage:Garage Spaces1
    General Property Description:# Buildings1
    General Property Description:# Fireplaces1
    General Property Description:# of Units2.0
    General Property Description:Acres0.22
    General Property Description:Elementary School3Rock Creek
    General Property Description:High School3Unicoi Co
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot Dimensions50 X 190
    General Property Description:Middle School2Unicoi Co
    General Property Description:Senior Community YN3No
    General Property Description:Stories22
    General Property Description:Total Units2
    General Property Description:Zoning2R 3
    Heating:Electrictrue
    Heating:Heat Pump2true
    Info Available:Leases2true
    Interior Features:Remodeledtrue
    Laundry Features:Electric Dryer Hookuptrue
    Laundry Features:Gas Dryer Hookuptrue
    Laundry Features:Washer Hookuptrue
    Levels:Twotrue
    Location Tax Legal Info:City Taxes281.98
    Location Tax Legal Info:County Taxes610.55
    Location Tax Legal Info:Deed Book #462
    Location Tax Legal Info:Deed Page #199
    Location Tax Legal Info:Lot #50
    Location Tax Legal Info:Unit #2
    Other Structures:Garage(s)true
    Parking Features:Attachedtrue
    Parking Features:Concrete2true
    Parking Features:Detachedtrue
    PorchPatioDeck:Coveredtrue
    PorchPatioDeck:Decktrue
    PorchPatioDeck:Front Patiotrue
    PorchPatioDeck:Front Porchtrue
    PorchPatioDeck:Porchtrue
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3Go through Downtown Erwin on Main Street, turn right onto Carolina Ave, see house on the left.
    Remarks Misc:Public Remarks7DOWNTOWN ERWIN INVESTMENT OPPORTUNITY!!! Don't miss this chance to own a fully rented income producing property in the heart of downtown ERWIN! ''Renovated'' 1766 sq ft 2 Family Home nestled on an oversized flat lot located in a wonderful neighborhood with walking distance to downtown! The lower level is with 2 bedrooms and 2 full bathrooms and is rented for $1,200. The Upper Level is a 2 bedroom and 1 full bathroom and is rented for $950. Outstanding tenants and they want to remain in the property. There is a 20 X 24 block garage with alley access that has a separate rental income of $250. Each Unit includes all appliances, refrigerator, range, washer/dryers. Newer renovations include New HVAC up and down, new electric service metal roof, both apartments have been totally renovated. Opportunities like this don't come often capitalize on Erwin's growing market and secure this revenue-generating property today!
    Roof:Metal3true
    Sewer:Public Sewertrue
    Structure Type:Duplex3true
    Structure Type:Multi Familytrue
    Style:Duplex2true
    Style:Traditional3true
    TopographyLot Description:Level2true
    Unit 1:# Bathrooms52.0
    Unit 1:# Bedrooms32
    Unit 1:# Units1
    Unit 1:Monthly Rent1200
    Unit 1:SqFt6982
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 2:# Units22
    Unit 2:Monthly Rent2950
    Unit 2:SqFt5784
    Utilities:Cable Availabletrue
    Walls:Plastertrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Highland Ridge Properties LLC
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