Courtesy: Property Advisors
423-787-0040
Five unit property first time on the market. The quadraplex has had many recent updates including a new roof. Gross annual receipts $69,000 while Operating costs are roughly 11K. Great investment property with each unit in the quad being over 1,100 square feet with two bedrooms and two baths. The cabin is a one bedroom one bath and right at 1000 square ft and a huge laundry room. The mountain views are amazing. Must have 48 hours to view all units. Buyers to verify all facts and measurements.
Courtesy: Preferred Properties of East Tennessee
423-783-0051
Modern Farmhouse on 37+ Acres with Incredible Mountain Views & Second Residence/Rental. Stunning, no-step entry home, perfectly situated on 37.71 acres of serene countryside. House 1/3 mile from road. Fenced yard for kids/dogs. Property boasts a harmonious blend of comfort, functionality, & breathtaking natural beauty, making it an ideal retreat or forever home. Main house exudes style & charm with spacious rooms, 2.5 baths, inviting open loft bedroom & private office. A quintessential farmhouse with wrap-around 12' porch on 3 sides, perfect for enjoying panoramic views. The great room is the centerpiece of the home, with a soaring 17-foot ceiling. Kitchen has a Heartland propane stove, oak cabinetry, Corian countertops & instant hot water. Main-level primary bedroom with bath & walk-in closet. A small flex room connects the closet to the mudroom and could easily be transformed into a nursery, pantry, or extended closet. Attached three-car carport for convenient parking. Finished basement area w/private entrance, full bath with step-in jetted tub offers multiple possibilities. The unfinished portion is ideal for storage, hobbies or exercise. Metal roof/2 years old, heat pump/1 year old, no exposed exterior wood & propane tank owned. Partially wooded acreage is fenced & has cross-fenced pastures. There are 4 exterior water spigots & a cattle water station. There is pear, pawpaw, apple & fig trees & blueberry & blackberry bushes & a vibrant perennial flower garden as well as a kitchen garden. Enjoy evenings by a firepit nestled in the woods. Additional structures include a 40x60 insulated metal building with two oversized garage doors, two large workbenches & is stubbed for water. Second residence is a fully furnished 2005 14x48 MH featuring new metal roof, 2BR, 1BA, full front deck with stunning mountain views & a 12x20 shed for storage. Buyer and\or Buyer agent to verify all information.
Courtesy: Century 21 Legacy - Greeneville
423-639-6781
Overview '' Property Type: Multifamily Investment '' Location: Within city limits of Greeneville '' Lot Size: 1.5 acres '' Total Units: 3 buildings, 5 rental units '' Total Monthly Rental Income: $3,850 '' Estimated Annual Rental Income: $46,200 '' Reported Potential Net Income: $41,500/year Unit Breakdown Unit 1 (Front House Converted to 3 Apartments) '' Total Units: 3 '' Total Sq. Ft. (Estimated): 1,730 sq. ft. '' Apartment A (Lower Level - Main): '' 2 bed / 1 bath, 830 sq. ft. '' Rent: $900/month '' Apartment B (Lower Level - Side): '' 1 bed / 1 bath, 450 sq. ft. '' Rent: $600/month '' Apartment C (Upper Level): '' 1 bed / 1 bath, 450 sq. ft. '' Rent: $700/month Unit 2 (Middle Home) '' Structure Type: Small house/cottage '' Size: 432 sq. ft. '' Layout: 1 bed / 1 bath '' Rent: $450/month Unit 3 (Rear Home at Top of Driveway) '' Structure Type: Single-family home '' Size: 1,980 sq. ft. '' Layout: 3 bed / 2 bath '' 2 bedrooms and 2 bathrooms on main level '' 1 bedroom in basement '' One-car drive-under garage '' Heat pump '' Large back deck '' Rent: $1,200/month Financial Summary Unit Bedrooms Bathrooms Size (Sq. Ft.) Rent (Monthly) Unit 1A (Main) 2 1 830 $900 Unit 1B (Side) 1 1 450 $600 Unit 1C (Upper) 1 1 450 $700 Unit 2 (Middle) 1 1 432 $450 Unit 3 (Rear) 3 2 1,980 $1,200 Total 4,142 $3,850 Investment Highlights '' Gross Annual Income: $46,200 '' Reported Net Income: $41,500 (estimated after expenses) '' Diverse Unit Mix: 1BR, 2BR, and 3BR options attract a wide tenant pool. '' Spacious Lot: 1.5 acres offering future development or expansion potential. '' City Location: Inside Greeneville city limits - access to amenities, transit, and services. All information taken from a third-party source (courthouse/tax records) and to be verified by the buyer/buyer's agent. Drawn in lines are approximate. Some elements (fires in fireplaces, twilight shading, lighting, etc.) have been added/modified digitally. Rooms noted have been virtually staged for decorating ideas only, not to scale or representative of any product. CubiCasa app is used for floor plans, dimensions are not guaranteed. Taxes to be assessed.
Greeneville is located in Tennessee. Greeneville, Tennessee has a population of 15,361. Greeneville is less family-centric than the surrounding county with 24.4% of the households containing married families with children. The county average for households married with children is 26.27%.
The median household income in Greeneville, Tennessee is $45,933. The median household income for the surrounding county is $47,361 compared to the national median of $69,021. The median age of people living in Greeneville is 41.9 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 43.7 inches per year, with 7.7 inches of snow per year.
