204 Arrents Avenue, Decatur, TN

Multi-family for Sale - $659,000 - 8,064 Sq. Ft. on 0.96 acres


Agent Info

Charlie Simpson
CENTURY 21 Legacy

Property Info

CIMLS#988633
Location
  204 Arrents Avenue
  Decatur TN 37322
UpdatedJanuary 26th, 2018
TypeMulti-family
Price$659,000
Building8,064 Sq. Ft.
Land0.96 acres

Contact


Property Description

PIN OAK TOWNHOMES - CONSISTS OF 3 TRIPLEX BUILDINGS WITH AMPLE PAVED PARKING. ALL UNITS ARE TOWNHOMES WITH 2 BEDROOMS AND ONE BATH UP AND KITCHEN/LIVING ROOM, LAUNDRY ROOM AND HALF BATH DOWN. UNITS RENT FOR $550 TO $800 PER MONTH CURRENTLY PRODUCING $5,900 PER MONTH. GROSS INCOME $70,800. EXPENSES ARE TAXES, $3,900, INSURANCE, $2,800, TRASH, $700, LAWN CARE, $900, MISCELLANEOUS $2,500 TOTALING $10,800. NOI OF $60,000 PER OWNER. EXCELLENT INVESTMENT OPPORTUNITY. THESE ARE SOME OF THE FEW APARTMENTS AVAILABLE IN DECATUR.