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 | |
Updated | January 26th, 2018 |
Type | Multi-family |
Price | $659,000 |
Building | 8,064 Sq. Ft. |
Land | 0.96 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.