$20,000
$30,000
33.3%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
784 SqFt
SOLD DATE : 11/20/2020
Key Details
Sold Price $20,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 784 sqft
Price per Sqft $25
MLS Listing ID 2421286
Sold Date 11/20/20
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1968
Annual Tax Amount $228
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 117.78X201.27 IRR
Property Description
Investors, here's the deal you've been looking for! This $500,000 investment package deal features 8 properties with a total of 13 units all located within a block of each other in a quiet Jasper neighborhood. Currently 100% occupied with a GMI of $6,600. Composed of 4 single family homes, 3 duplexes, and 1 triplex, the addresses included are 202, 204 & 206 Meadow Ave, 405 W 3rd St, 301 Elm Ave, 404 W 3rd St, 406 W 3rd St, 209 Elm Ave, 403 W 3rd St, and 402 & 404 2nd St. All properties have off street parking. Situated just minutes from interstate access, these properties are only 20 minutes away from Bridgeport, AL and 35 minutes from downtown Chattanooga. Currently there is a housing shortage in Bridgeport, AL due to the influx of workers at the new Google facility. Because of this, the current rental rates are priced under market value and there is the potential to increase rents. Call today for more information.
Location
State TN
County Marion County
Rooms
Main Level Bedrooms 1
Interior
Interior Features Open Floorplan
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet
Fireplace N
Exterior
Utilities Available Water Available
Waterfront false
View Y/N false
Roof Type Other
Private Pool false
Building
Lot Description Level
Story 1
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Jasper Elementary School
Middle Schools Jasper Middle School
High Schools Marion Co High School
Others
Senior Community false
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