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Map
$438,814*
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Multifamily -
Off Market
171 Anglea Circle
Jefferson City, TN 37760
Studio
0 Bath
3200 Sqft
$351,000 - $427,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Not sure about the stock market? Looking for a safe investment?
Looking for cash flow and an immediate return on your investment?
Well, keep reading. Here is a unique opportunity to buy a
4-unit rental property that will bring in $20,000 plus, first year,
right out of the gate. You say, rentals are not for you, do not
like the thought of dealing with tenants and the uncertainties of
the constant turnover? Having to put hundreds if not thousands of
dollars into a unit to repair/replace after a tenant moves out? Not
here! Get this. All 4 units have 2 bedrooms. One tenant has been
renting for 10 years, a second for 8 years, a third for 7 years,
and the least tenured 2 years. And this tenant was in one of the
other units for several years. None have ever been late on a rent
payment. All tenants have the required renters insurance in place.
Units have all been dog-free and are all smoke-free. Units have
individual electric and water meters. Tenants pay their own
electric, cable, water, sewer, and trash bills. So, what is the
catch, do the units have to be renovated? Nope. All doors have been
replaced and windows energy sealed. All the units have had their
refrigerators replaced in the last 4 years. Dishwashers have been
newly replaced. Stove-Ranges have all been replaced in the past 6
years. Water heaters in the last 4 years. One unit has wood floors.
Two have brand new carpet. The building has plenty of parking
available and a spacious backyard. Building has a landscaper in
place that will maintain the grounds for $90 per month. Pest
control is in place for $20 per month. Home is annually treated for
termite protection. So, not certain where the economy is
headed? Not sure where to invest your money? Want to see money
coming in right away? Well, this is it!
The manager has listed the unit size as 3200 square feet.
The manager has listed the unit size as 3200 square feet.
Unit Size
3,200Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$122
Property Type
Multifamily
Property Taxes
$1,370
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 6, 2021 | No longer available | - | |
No longer available | |||
Jul 19, 2021 | In contract | - | |
In contract | |||
Oct 29, 2020 | Listed | $389,900 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/29/2020
|
|
Studio
|
-
|
3200 ft²
|
$389,900
Studio
-
3200 ft²
|
-
-
|
-
|
Felix Valdes
Cherokee Lake Realty
|