1724 Main St Unit 1-7, Tazewell, TN 37879

$449,900
List Price
$449,900
MLS#
1357664
Status
ACTIVE
Type
Single Family Residential
City
Tazewell
County
Claiborne
Year Built
1910

Property Description

SEVEN-UNIT MIXED-USE INVESTMENT OPPORTUNITY ON MAIN STREET! Located at 1724 Main Street in Tazewell, this property combines five residential apartments and two commercial spaces, offering multiple rental income sources and potential for future growth. Tax records indicate approximately 6,046 square feet of building area and a lot measuring approximately 58 x 75 feet. The second level includes a one-bedroom, one-bath apartment; a two-bedroom, one-bath apartment; a three-bedroom, one-bath apartment; and two studio apartments. The three-bedroom unit offers potential for a second bathroom, subject to feasibility and required approvals. Two occupied commercial spaces of approximately 1,000 and 700 square feet complement the residential rentals. Existing commercial leases may offer opportunities for future rental adjustments as lease terms and market conditions allow. With a Main Street location and a mix of residential and commercial uses, this property offers an opportunity to expand an investment portfolio or acquire a rental property with room for future improvements. Building square footage and lot dimensions are per tax records. Buyer and buyer's agent to verify all measurements, rental income, occupancy, lease terms, expenses, zoning, permitted uses and all other information deemed important.

Additional Information

Appliances
Range
Construction
Frame, Brick
Cooling
Other
Floors
Laminate
Garage
Off Street
Lot Dimensions
58x75x
Year Built
1910
Unit
1-7
Heating
Other, Electric
Num Of Units
7

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Backwoods Realty & Development.

Agent: Daniel Martin |

Office: Backwoods Realty & Development |