THE STARLING DAVIS GROUP

Elm Avenue

Jasper , TN 37347

$95,000

Status: Closed

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Property

Beds

Full Baths

1/2 Baths

Year Built

1941

Sq.Footage

1,760

Investors, here's the deal you've been looking for! This $500,000 investment package deal features 8 properties with a total of 13 units all located within a block of each other in a quiet Jasper neighborhood. Currently 100% occupied with a GMI of $6,600. Composed of 4 single family homes, 3 duplexes, and 1 triplex, the addresses included are 202, 204 & 206 Meadow Ave, 405 W 3rd St, 301 Elm Ave, 404 W 3rd St, 406 W 3rd St, 209 Elm Ave, 403 W 3rd St, and 402 & 404 2nd St. All properties have off street parking. Situated just minutes from interstate access, these properties are only 20 minutes away from Bridgeport, AL and 35 minutes from downtown Chattanooga. Currently there is a housing shortage in Bridgeport, AL due to the influx of workers at the new Google facility. Because of this, the current rental rates are priced under market value and there is the potential to increase rents. Call today for more information.

Features & Amenities

Interior

Other Interior Features

Primary Bedroom Main Floor
Kitchen Appliances

Refrigerator
Room Type

Dining Room
Total Bedrooms

3
Bathrooms

1

Area & Lot

Lot Features

Level
Lot Size(acres)

0.46
Property Type

Residential

Exterior

Garage

No
Construction Materials

Other
Parking

Detached

Financial

Sales Price

$95,000
Tax Amount

991

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Location

County

Marion County, TN

Elementary School

Jasper Elementary School

Middle School

Jasper Middle School

High School

Marion Co High School

Listing Courtesy of Grace Frank

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Broker Associate

StarlingDavis

Call Starling today to schedule a private showing.

(615) 485-6047

Starlingdavis@gmail.com

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