179/189 Old Patton Lane, Harriman, TN 37748
$525,000
Property Type:
Multi-Family
Square Footage:
4,420
Status:
Pending - Continue to Show
Current Price:
$525,000
List Date:
1/13/2024
Last Modified:
1/15/2024
Description
Investment opportunity! This 4-plex is minutes from Roane State Community College & all units are currently rented with a waiting list. These units are all 2BR/1.5BA. Recent updates throughout including new roof in 2022 & all HVAC units replaced in 2023 with a 10 year parts warranty. This property also offers the unique opportunity to build an additional 4-plex on the land. This property is being sold individually or inclusive of MLS#'s 1249045 & 1249047, which is represented as a parent/package listing in MLS# 1249043. Schedule your showing today!
More Information MLS# 1249046
Location, Tax & Legal Info
House #: 179/189
Street Name: Old Patton
St Suffix: Lane
State/Province: TN
Zip Code: 37748
Area: Roane County - 31
PIN #: 045 011.09
Total Tax: 3366.38
Geo Lat: 35.889088
Geo Lon: -84.617969
Contract Info
Auction Y/N: No
Listing Price: 525000
Current Price: $525,000
Status: Pending - Continue to Show
Listing Date: 2024-01-02
Cooperation Comp: 2
Compensation Type: %
General Property Description
SqFt - Total (Aprox): 4420
Lot Dimensions: .8 Acres
Number of Units: 4
# Units Leased: 4
Utilities/Mo Avg: 125
Year Built: 1999
Property Status: N/A
Driveway: Gravel Parking
Lease Information: All units are leased through May 31, 2024
Remarks & Misc
Directions: I-40 W to exit 347 for US-27 toward Harriman/Rockwood, Turn left onto US-27 S/S Roane St, Turn left onto Patton Ln, Turn right onto Old Patton Ln, Property is on the right
Public Remarks: Investment opportunity! This 4-plex is minutes from Roane State Community College & all units are currently rented with a waiting list. These units are all 2BR/1.5BA. Recent updates throughout including new roof in 2022 & all HVAC units replaced in 2023 with a 10 year parts warranty. This property also offers the unique opportunity to build an additional 4-plex on the land. This property is being sold individually or inclusive of MLS#'s 1249045 & 1249047, which is represented as a parent/package listing in MLS# 1249043. Schedule your showing today!
Status Change Info
Status Change Date: 2024-01-15
Under Contract Date: 2024-01-13
Income/Expenses
Gross Annual Income: 48000
Property Features
Property Sub-Type: Four Plex
Type of Units: 2 Bedroom Unit; Unfurnished
Sale Includes: Building and Land; No Furnishings
Floors: Carpet; Tile; Vinyl
Tenant Expenses: Tenant Pays All Util
Owner Expenses: Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Taxes; Trash Collection
Fuel: Electric
Heat: Central
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Range; Refrigerator; Self Cleaning Oven
Construction: Frame
Roof: Shingle
Siding: Vinyl
Garage/Parking: Off-Street Parking; On Premise Parking
Exterior Features: Windows - Dble Pane; Windows - Vinyl
Misc Features: Internet Available; Washer/Dryer Connect
Other Rooms: Other
Miscellaneous: Washer/Dryer Cnctns
New Financing: Cash; Conventional; New Loan
Showing: See Agent Instructns
Listing Office: Keller Williams Realty
Office Phone: 865-694-5904
Last Updated: January - 15 - 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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