212 Broad St
Jellico, TN 37762
- – beds
- – baths
- 2,655 sqft
- 9,148 sqft lot
- $94 per sqft
- 1991 build
- – on site
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MAJOR PRICE REDUCTION - ESTATE SAYS SELL - WELL KEPT ALL BRICK FIVE UNIT IN JELLICO - JUST OFF I-75 - 44% RENTAL UPSIDE! Rare opportunity to purchase a well cared for property on a corner lot with longterm residents that are month to month. Current rents for occupied units are 44% under market!These units are all one level, offer great amenities including washer/dryer connections, nice kitchens, and a beautiful private backyard & deck for all to enjoy. With parking at their doors and walking distance to downtown, these units offer the amenities that attract good residents. Current rent roll is $27,300 per year. Projected rent roll at $650 per unit gives a proforma cap rate of 9.8 making the asking price a bargain on a cost/foot and cost/unit basis.
Listing courtesy of KAARMLS / Goldman Partners Realty, LLC
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Last updated Mar 21, 2024
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MLS# 1243834 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/26/24
Jan 26, 2024
|
Sold | KAARMLS | $250,000 |