200 Stockade St

    Clifton, TN 38425
    • $150,000
    • STATUS: Closed
    • ON SITE: 108 days
    • ID#: 10023748
    Sold - 07/12/2018
    $150,000
    SOLD - 07/12/2018
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Na
    Type:
    Multi-Family
    Built:
    2004
    County:

    School Ratings & Info

    Description

    All 8 units are 1 bedroom, 1 bathroom with kitchen. All units are furnished and have appliances. The current owner has owned the property for over 20 years and currently lives in one of the apartments All units rent for between $680-$700/mth and the rent includes the utilities TOTALING ABOUT $4700 GROSS INCOME, WHILE LIVING RENT FREE -- THE UNITS STAY RENTED ALL THE TIME Operating expenses are about $1600/mth LEAVING PLENTY OF POSITIVE CASH FLOW CALL TODAY

    Monthly Payment Calculator



    © 2018 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Wallace Team - RE/MAX On Point. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2018-07-20T00:03:59.287.
    www.gowallacegroup.com/homes/82212338

    200 Stockade St Clifton, TN 38425

    • Price: $199,900
    • Status: Closed
    • Updated: 140 min ago
    • ID#: 10023748
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2004
    Built
    Neighborhood:
    Na
    County:
    Wayne
    Area:
    Hardin County
    Property Description
    All 8 units are 1 bedroom, 1 bathroom with kitchen. All units are furnished and have appliances. The current owner has owned the property for over 20 years and currently lives in one of the apartments All units rent for between $680-$700/mth and the rent includes the utilities TOTALING ABOUT $4700 GROSS INCOME, WHILE LIVING RENT FREE -- THE UNITS STAY RENTED ALL THE TIME Operating expenses are about $1600/mth LEAVING PLENTY OF POSITIVE CASH FLOW CALL TODAY
    Exterior Features

    Buildings 2 Construction Aluminum/Steel Siding Foundation SlabStorage Area Lot Size .3 Acre Parking Facility Asphalt/Blacktop Roof Other (See Remarks)

    Interior Features

    Appliances Equipment RefrigeratorRange/Oven (Built-In) Cooling Systems 1 Window Unit Per Unit Floors And Ceilings Vinyl FloorPartial Carpet8 Feet Heating Systems Space Heater Hot Water ElectricalPublic WaterPublic Sewer Laundry None

    Property Features

    1 Bedroom Units 8 2 Bedroom Units 0 3 Bedroom Units 0 Actual Annual Rent 55000 Amenities Cable T.V. Annual City Tax 0 Annual County Tax 0 Annual Operating Expenses 19200 Assumption Other (Call La) Efficiency Studio Units 0 Existing Financing Other (See Remarks) Gross Potential Annual Rent 67200 Legal Subdivision Name Na Multifamily Type Apartment Building New Financing Conventional Operating Expenses All UtilitiesTrash CollectionRepairs/MaintenancePest Control Other Units 0 Percent Occupancy 100 Possession At Closing Sale Includes Building And LandAll FurnishingsAll EquipmentAll AppliancesSignage Source Of Info Owner Tenant Pays Other (Call La) Type Of Leases WeeklyMonthly Type Of Units 1 Br - 1 BathFurnished

    Listing information © 2018 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Kaizen Realty, Llc.



    © 2018 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Wallace Team - RE/MAX On Point. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2018-07-20T00:03:59.287.
     
    The Wallace Team - RE/MAX On Point
    5350 Poplar Ave., Ste 700
    Memphis TN, 38119