308 Poplar St - Multi-Family FOR SALE


Lenoir City, TN 37771
$340,000 USD
865-210-0228
308 Poplar St, Lenoir City, TN for Sale
$340,000 USD
Multi-Family - FOR SALE
1/6
null | Request Cap Rate

308 Poplar St
Lenoir City, TN 37771


OVERVIEW

This property features three units located in Lenoir City. There are two units located on one parcel consisting of an apartment unit over the garage and a single family home. The SFH is a 2 bed / 1 bath unit that has undergone a full remodel with a new HVAC, roof, and plumbing. The apartment unit is 1 bed / bath and has new flooring and paint. Both units are fully occupied bringing in gross monthly rents of $1,815. The third unit is a 1 bed / 1 bath single family home that is currently vacant with potential monthly rent of $1,000, and was recently renovated with new windows, plumbing, flooring, paint, updated kitchen and bathroom, and rebuilt joists. Tenants pay all utilities at the properties. Addresses Include: 308 Poplar Street, Lenoir City, TN 1013 Bell Avenue, Lenoir City, TN

FOR SALE DETAILS

PRICE

$340,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

3

PRICE/UNIT

$113,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Unit Portfolio - Lenoir City, TN

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

-

APN/PARCEL ID

020M-C-004.00

ASK ABOUT THIS PROPERTY

Kevin TiptonSVN | Wood PropertiesMore Info
865-210-0228

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Kevin TiptonSVN | Wood PropertiesMore Info
865-210-0228

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.