Jasper, TN 37347,209 Elm Avenue
Jasper, TN 37347,209 Elm Avenue
Jasper, TN 37347,209 Elm Avenue
27
Listed by Grace Frank • Real Estate Partners Chattanooga, LLC
$90,000
$115,000
21.7%
Est.Price: ?

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1,642 SqFt

209 Elm Avenue Jasper, TN 37347

Est. payment /mo
SOLD DATE : 11/20/2020

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Key Details

Sold Price $90,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,642 sqft

Price per Sqft $54

MLS Listing ID 2421284

Sold Date 11/20/20

HOA Y/N No

Year Built 1947

Annual Tax Amount $1,343

Lot Dimensions 157X75

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

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Fireplace N

Exterior

Utilities Available Water Available

Waterfront false

View Y/N false

Roof Type Other

Private Pool false

Building

Story 2

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

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Greg Farricielli

Broker Associate | License ID: 331354

+1(615) 270-8329

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