140 Burnett St, Crossville, TN 38555
$228,000
Property Type:
Multi-Family
Square Footage:
3,278
Lot Size (sq. ft.):
15,120
Status:
Active
Current Price:
$228,000
List Date:
5/09/2024
Last Modified:
5/17/2024
Description
Multifamily unit available for purchase. Currently built out to 6 units. 3 units are in rehab and 3 are functional. Great location to downtown and new proposed YMCA. Building was renting for $550-650 per unit before rehabs. 6 units, laundry room, & mechanical room.
More Information MLS# 1261639
Location, Tax & Legal Info
House #: 140
Street Name: Burnett
St Suffix: St
State/Province: TN
Zip Code: 38555
Area: Cumberland County - 34
City/County Code: City Limits
PIN #: 100K B 023.00
Elementary School: Stone
Middle School: Stone
High School: Stone Memorial
Total Tax: 1236.74
Geo Lat: 35.953354
Geo Lon: -85.02684
Contract Info
Auction Y/N: No
Listing Price: 228000
Current Price: $228,000
Status: Active
Listing Date: 2024-05-03
Cooperation Comp: 3
Compensation Type: %
General Property Description
SqFt - Total (Aprox): 3278
Lot Dimensions: 108 x 140
Lot Size SqFt: 15120
Number of Units: 6
Year Built: 1910
Property Status: N/A
Restrictions: Yes
Driveway: Gravel Parking
Lease Information: NO units currently leased.
Remarks & Misc
Directions: From Downtown Crossville turn off 127 onto Burnett St. House will be across street at Webb Ave Stop Sign
Public Remarks: Multifamily unit available for purchase. Currently built out to 6 units. 3 units are in rehab and 3 are functional. Great location to downtown and new proposed YMCA. Building was renting for $550-650 per unit before rehabs. 6 units, laundry room, & mechanical room.
Status Change Info
Status Change Date: 2024-05-09
Income/Expenses
Gross Annual Income: 40000
Annual Oper Expenses: 8000
Net Operating Income: 32000
Property Features
Property Sub-Type: Apartment; Five or Six Plex; House Converted
Type of Units: 1 Bedroom Unit
Sale Includes: Building and Land; Some Furnishings
Floors: Carpet; Laminate
Tenant Expenses: Tenant Pays No Util
Owner Expenses: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Sewer; Supplies; Taxes; Trash Collection; Water
Fuel: Electric; Gas (Natural)
Heat: Central
Cooling: Central Cooling
Construction: Frame
Roof: Shingle
Siding: Vinyl
Garage/Parking: None
Exterior Features: Balcony
Other Rooms: Other
Miscellaneous: Balcony; Coin Laundry; Utility Room
New Financing: Cash
Showing: See Agent Instructns
Documents
COA ›Listing Office: eXp Realty, LLC
Office Phone: 888-519-5113
Last Updated: May - 17 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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