(Undisclosed Address), Erwin

$649,999

0 Bed
1 Bath
.01 Acre
0 Garage

Excellent investment opportunity in the heart of downtown Erwin, TN! This fixer-upper is a tremendous opportunity for multi-family investors, with projected monthly revenue up to $9200 after repairs! Take advantage of the historic character and create mid-to-high level rental units. Units range from nine small 1-bedroom apartments to two larger 2-bedroom apartments. Several could be converted to additional 2-bedrooms or 3-bedroom units. Immediate sidewalk access and off-street parking. Walking distance to downtown shops and restaurants. The ground level units could also easily be converted to retail/office space. Grab this opportunity while you can!

Essential Information
MLS® #9942400
Price$649,999
Bathrooms1.00
Acres0.01
Year Built1910
TypeMulti-Family
Sub-TypeMulti-Family
StyleSee Remarks, 3+ Story
StatusActive
Community Information
AddressN/A
Area312 - Erwin
SubdivisionNot In Subdivision
CityErwin
CountyUnicoi
StateTENNESSEE
Zip Code37650
Amenities
ParkingOther
Has PoolYes
Interior
Interior FeaturesSee Remarks
HeatingCentral
FireplaceYes
# of Stories3
Exterior
ExteriorBrick
Exterior FeaturesSee Remarks
Lot DescriptionLevel
RoofShingle
ConstructionSite Built
School Information
ElementaryRock Creek
MiddleUnicoi Co
HighUnicoi Co
Additional Information
Date ListedAugust 19th, 2022
Days on Market42
ZoningB3
HOA Fees0.00
Listing Courtesy of

Your Home Sold Guaranteed Realty

Property History
Price Reduced from $750,000 to $649,999

Copyright 2022 Tennessee Virginia Regional MLS®. All rights reserved.

Information herein deemed reliable but not guaranteed October 1st, 2022 at 7:15am