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MULTI_FAMILY - Split Level, Cottage, Ranch - Greeneville, TN
Overview '' Property Type: Multifamily Investment '' Location: Within city limits of Greeneville '' Lot Size: 1.5 acres '' Total Units: 3 buildings, 5 rental units '' Total Monthly Rental Income: $3,850 '' Estimated Annual Rental Income: $46,200 '' Reported Potential Net Income: $41,500/year Unit Breakdown Unit 1 (Front House Converted to 3 Apartments) '' Total Units: 3 '' Total Sq. Ft. (Estimated): 1,730 sq. ft. '' Apartment A (Lower Level - Main): '' 2 bed / 1 bath, 830 sq. ft. '' Rent: $900/month '' Apartment B (Lower Level - Side): '' 1 bed / 1 bath, 450 sq. ft. '' Rent: $600/month '' Apartment C (Upper Level): '' 1 bed / 1 bath, 450 sq. ft. '' Rent: $700/month Unit 2 (Middle Home) '' Structure Type: Small house/cottage '' Size: 432 sq. ft. '' Layout: 1 bed / 1 bath '' Rent: $450/month Unit 3 (Rear Home at Top of Driveway) '' Structure Type: Single-family home '' Size: 1,980 sq. ft. ...
Overview '' Property Type: Multifamily Investment '' Location: Within city limits of Greeneville '' Lot Size: 1.5 acres '' Total Units: 3 buildings, 5 rental units '' Total Monthly Rental Income: $3,850 '' Estimated Annual Rental Income: $46,200 '' Reported Potential Net Income: $41,500/year Unit Breakdown Unit 1 (Front House Converted to 3 Apartments) '' Total Units: 3 '' Total Sq. Ft. (Estimated): 1,730 sq. ft. '' Apartment A (Lower Level - Main): '' 2 bed / 1 bath, 830 sq. ft. '' Rent: $900/month '' Apartment B (Lower Level - Side): '' 1 bed / 1 bath, 450 sq. ft. '' Rent: $600/month '' Apartment C (Upper Level): '' 1 bed / 1 bath, 450 sq. ft. '' Rent: $700/month Unit 2 (Middle Home) '' Structure Type: Small house/cottage '' Size: 432 sq. ft. '' Layout: 1 bed / 1 bath '' Rent: $450/month Unit 3 (Rear Home at Top of Driveway) '' Structure Type: Single-family home '' Size: 1,980 sq. ft. '' Layout: 3 bed / 2 bath '' 2 bedrooms and 2 bathrooms on main level '' 1 bedroom in basement '' One-car drive-under garage '' Heat pump '' Large back deck '' Rent: $1,200/month Financial Summary Unit Bedrooms Bathrooms Size (Sq. Ft.) Rent (Monthly) Unit 1A (Main) 2 1 830 $900 Unit 1B (Side) 1 1 450 $600 Unit 1C (Upper) 1 1 450 $700 Unit 2 (Middle) 1 1 432 $450 Unit 3 (Rear) 3 2 1,980 $1,200 Total 4,142 $3,850 Investment Highlights '' Gross Annual Income: $46,200 '' Reported Net Income: $41,500 (estimated after expenses) '' Diverse Unit Mix: 1BR, 2BR, and 3BR options attract a wide tenant pool. '' Spacious Lot: 1.5 acres offering future development or expansion potential. '' City Location: Inside Greeneville city limits - access to amenities, transit, and services. All information taken from a third-party source (courthouse/tax records) and to be verified by the buyer/buyer's agent. Drawn in lines are approximate. Some elements (fires in fireplaces, twilight shading, lighting, etc.) have been added/modified digitally. Rooms noted have been virtually staged for decorating ideas only, not to scale or representative of any product. CubiCasa app is used for floor plans, dimensions are not guaranteed. Taxes to be assessed.
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