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Key Details
Sold Price $1,127,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $1,127,500
Subdivision Shelton
MLS Listing ID 2633514
Sold Date 12/23/24
HOA Y/N No
Year Built 1990
Annual Tax Amount $1,292
Lot Dimensions 8.05
Property Description
Unlimited income possibilities!! Address is 35 & 89 County Farm Rd. Approx. 8.05 acre in 2 tracts, parcels 057 026.00 & 057 027.00, 1 tract is 5.1 acres & 2.95 acres, there are 20 trailers set up, average rent of $900 a month, one trailer is owned & lot rents $450 monthly, one building is used as office by owner & building on back lot is rented for storage at $400 monthly, when bought only 5 were rented & all trailers needed work, seller has renovated 16 trailers putting cabinets, new windows, painted them as they become empty, new flooring and underpinning of the trailers. City water is in place and there is septic. Owner is clearing area for possible future RV/Boat storage (buyer to do) Seller pays water for all and averages $500 to $600 a month, individual electric meters, the location is close to Manchester, Tullahoma, Murfreesboro and I-24, sellers tools do not convey, see attached for more rent roll info, 2 dumpsters for residents, 1 for owner
Location
State TN
County Coffee County
Zoning C
Interior
Heating Electric
Cooling Electric
Flooring Carpet, Laminate, Vinyl
Fireplace N
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available, Water Available
View Y/N false
Private Pool false
Building
Story 1
Sewer Septic Tank
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
Elementary Schools North Coffee Elementary
Middle Schools Coffee County Middle School
High Schools Coffee County Central High School
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Jenn McMillion
Team Lead | TN Broker | KY Affiliate Broker | SRS® | MRP® | CRS® | ABR® | License ID: TN: 343054 KY: 247503
Team Lead | TN Broker | KY Affiliate Broker | SRS® | MRP® | CRS® | ABR® License ID: TN: 343054 KY: 247503