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!
Erwin is located in Tennessee. Erwin, Tennessee has a population of 6,052. Erwin is more family-centric than the surrounding county with 29.37% of the households containing married families with children. The county average for households married with children is 26.39%.
The median household income in Erwin, Tennessee is $37,984. The median household income for the surrounding county is $47,610 compared to the national median of $69,021. The median age of people living in Erwin is 45 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 25.7 degrees. The average rainfall is approximately 44 inches per year, with 10.4 inches of snow per year.