Image 01 Image 02 Image 03 Image 04 Image 06 Image 07 Image 07 Image 07 Image 07
Buildings By Owner | Buy, Sell & Lease Commercial Real Estate. Privately.
top
Home For Sale Tennessee Martin 2305
You must be logged in to save properties to your favorites! Please log in.
Please Log In
 

Multiplex For Sale By Owner

8 Units Adjacent to College - 100% Leased




501 Lee Street , Martin, Tennessee 38237 United States
Description

Unique income streaming opportunity in college town. These units are in high demand with a waiting list. Units are 100% leased out. Owner is ready to retire. Current rental income is $54,000 per year. Total investment is only $504,000. 6 units on one property are only 5 years old and two units on a separate property are only 3 years old so there are no major upcoming maintenance issues that are known. There is also a seperate lot adjacent to the 2 units zoned and approved for multifamily housing that is also for sale if you are ready for expansion.

Price: $504,000
Property Sub-Type: Multiplex
Year Built : 2007
Listing ID: 2305

Map of: 501 Lee Street , Martin, Tennessee 38237 United States

Featured Commercial Properties For Sale

18650 San Carlos Blvd, Ft Myers Beach, Florida 33931<br />United States

Marina

20000 sqft

Ft Myers Beach ,  Florida

$550,000

123 N. 2nd Street, Paducah, Kentucky 42001<br />United States

Specialty Center

Paducah ,  Kentucky

$795,000

101 Aid Drive, Darlington, Pennsylvania 16115<br />United States

Manufacturing

3 sqft

Darlington ,  Pennsylvania

$$750000.00

400 Vine St, Arnegard, North Dakota 58835<br />United States

Other

1.83 sqft

Arnegard ,  North Dakota

$1,950,000

3674 G Road, Palisade, Colorado 81526<br />United States

Mixed Use

1.9 sqft

Palisade ,  Colorado

$665,000

66 Myrtle St, Claremont, New Hampshire 03743<br />United States

Apartment Building

2 sqft

Claremont ,  New Hampshire

$1,495,000