1012 Grindstaff Avenue

Elizabethton, TN 37643 · Carter County

0 Baths 3,068 Sq Ft 0.34 Acres Built 2006 63 Days on Market

No HOA

Description

Rare Multi-Family Opportunity in Elizabethton! Looking for a ''turn-key'' addition to your portfolio? This 4-unit all-brick apartment building offers immediate cash flow and long term stability. Located in a peaceful setting just a short drive from downtown Elizabethton, just out side of city limits in the desirable Valley Forge area, this property benefits from ''just-outside-city'' taxes while remaining close to all modern conveniences. This property consists of four spacious units, each featuring 2 bedrooms and 1 bathroom. Each unit is individually metered for both power and water, keeping overhead low for the owner. Built in 2006 with durable brick exterior, sited on a level 0.34 acre lot with a large paved parking area for tenants and guests. Refrigerator and stove convey each unit. Selling As Is, Don't miss out on one of the best muti-family investments in Carter County. Schedule your private showing today. The information contained herein is deemed accurate and obtained from reliable sources but is not guaranteed. Buyer or buyer's agent to verify all information.

Property Details

MLS # 9989975

Property Type Residential

Bathrooms 0

Square Feet 3,068

Acres 0.34

Year Built 2006

Lot Size (Sq Ft) 14,810

Subdivision Cartervale

County Carter

Features

Interior Features

AC: Heat Pump, Window Unit(s)

Heating: Heat Pump, Space Heater

Basement: Dirt Floor

Door Features: Storm Door(s)

Laundry Features: Electric Dryer Hookup, Washer Hookup

Exterior Features

Roof: Shingle

Parking Features: Asphalt

Porch/Patio/Deck: Deck

Property Features

Sewer: Septic Tank

Water: Public

Utilities: Electricity Connected, Sewer Connected, Water Connected

Structure Type: Multi Family

Community Features: Sidewalks

Financial

List Price $600,000

Original List Price $600,000

Price / Sq Ft $195.57

Price / Acre $1,764,706

HOA None

Directions

From the West (Johnson City area): Take US-321 S/TN-67 E (University Pkwy/W Elk Ave) heading toward Elizabethton. Turn left onto Grindstaff Ave; the property will be on your right. From the East: Follow US-321 N/TN-67 W into Elizabethton. Turn right onto Grindstaff Ave to find the destination.