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402 Main Street

Mountain City, TN 37683
  • $135,000
  • STATUS: Active
  • ON SITE: 86 Days
  • MLS #: 9925867
UPDATED: 54 min ago
$135,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,996
    SQFT
  • $45
    $/SQFT
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

This three unit apartment building is located on Main Street in Downtown Mountain City, Tennessee. Two of the apartments are on the first floor and have one bedroom, one bath room, large kitchen and large living area. There is a covered front porch where the tenants can sit back and relax while taking in all that Main Street has to offer. The third apartment is located on the second floor and offers two bedrooms, one bathroom, large kitchen and large living area. There is a covered deck leading from the living area offering beautiful views of the mountains and lovely Main Street. The current tenant pays $375 a month but this could very easily be $500. Two of the three apartments are vacant and the third tenant has been renting for a number of years. This is a great investment property in the beautiful mountains of Northeast Tennessee. Whether you're a first-time investor or if you simply want to add to your portfolio, this is a wonderful opportunity. Information is deemed reliable however, buyer and buyer's agent to verify all information.

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© 2021 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2021-10-15T15:59:52.5.
www.reddooragency.com/homes/119507243
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402 Main Street Mountain City, TN 37683

  • Price: $135,000
  • Status: Active
  • Updated: 54 min ago
  • MLS #: 9925867
0
Beds
0
Baths
0
½ Baths
0.2
Acres
2,996
SQFT
$45
$/SQFT
1900
Built
Neighborhood:
Mtn. City/ Johnson County
County:
Johnson
Area:
Mtn. City/ Johnson County
Property Description
This three unit apartment building is located on Main Street in Downtown Mountain City, Tennessee. Two of the apartments are on the first floor and have one bedroom, one bath room, large kitchen and large living area. There is a covered front porch where the tenants can sit back and relax while taking in all that Main Street has to offer. The third apartment is located on the second floor and offers two bedrooms, one bathroom, large kitchen and large living area. There is a covered deck leading from the living area offering beautiful views of the mountains and lovely Main Street. The current tenant pays $375 a month but this could very easily be $500. Two of the three apartments are vacant and the third tenant has been renting for a number of years. This is a great investment property in the beautiful mountains of Northeast Tennessee. Whether you're a first-time investor or if you simply want to add to your portfolio, this is a wonderful opportunity. Information is deemed reliable however, buyer and buyer's agent to verify all information.
Exterior Features

Exterior Finish Vinyl Siding Lot Size 75 X 57.8 Road Access City Street Roof Metal

Interior Features

Ac None Heating Baseboard Total Sqft Finished 2232.00 Total Sqft Unfinished 764.00

Property Features

Annual Lease Amount 13500.00 Auction No Business Type OtherResidential City Taxes 237.31 County Taxes 445.88 Development Status Finished Lot(S) Electric Service 220 VoltsSingle Phase Financing CashConventional Foreclosure No Info Available See Remarks Other Equipment Additional Building(S)Cable TvExterior LightsOutside StorageRangeRefrigeratorSmoke Detector(S) Property Condition Average Restrictions Building Sale Includes Business OnlySee Remarks Sewer Public Sewer Short Sale No Water Public Zoning Yes

Listing information © 2021 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Denise Robertson of General Realty Of Tennessee.



© 2021 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2021-10-15T15:59:52.5.
 
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Red Door Agency
136 W Main St
Kingsport TN, 37660