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7050-7064 Armory Road

Newport, TN 37821
  • $392,900
  • STATUS: Active
  • ON SITE: 71 Days
  • ID#: 263438
Price Reduced
UPDATED: 43 min ago
$392,900
  • 0
    BEDS
  • 1.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,612
    SQFT
  • $109
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:
Area:

School Ratings & Info

Listing courtesy of United Real Estate Solutions.


Description

ATTENTION INVESTORS! Fully leased triplex, each unit has two bedrooms and one bath. All units have long term tenants who are on a month to month lease. Rent was increased from $400/month to $800/month in August 2022. Tenants pay their own utilities, water is part of the electric bill. Each meter is separate with no owners panel. There is also seven large storage units and one small storage unit on the property, currently three are leased. Owner pays for lawn care and a security light on the property. Sitting on 1.83 acres, tons of potential!

Monthly Payment Calculator

Copyright 2023 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2023-11-28T14:16:02.653.
www.realestatewithsuzanne.com/homes/143475528
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7050-7064 Armory Road Newport, TN 37821

  • Price: $392,900
  • Status: Active
  • On Site: 71 Days
  • Updated: 43 min ago
  • ID#: 263438
0
Beds
0
Baths
0
½ Baths
1.83
Acres
3,612
SQFT
$109
$/SQFT
1973
Built
Neighborhood:
Al Hannon
County:
Cocke
Area:
Cocke County
Property Description
ATTENTION INVESTORS! Fully leased triplex, each unit has two bedrooms and one bath. All units have long term tenants who are on a month to month lease. Rent was increased from $400/month to $800/month in August 2022. Tenants pay their own utilities, water is part of the electric bill. Each meter is separate with no owners panel. There is also seven large storage units and one small storage unit on the property, currently three are leased. Owner pays for lawn care and a security light on the property. Sitting on 1.83 acres, tons of potential!
Exterior Features

Access PavedState Road Construction BlockFrame Garage Capacity 0.00 Garage Type None

Interior Features

Bonus Rooms No Cooling Central Air Fireplace None Heating CentralElectricHeat Pump Number Of Efficiency Units 0 Number Of One Bedroom Units 2 Number Of Three Bedroom Units 2 Number Of Two Bedroom Units 2 One Bedroom Units 1 BathRangeRefrigeratorW/D Connection Sq Ft Unfinished Basement 0 Three Bedroom Units 1 BathRangeRefrigeratorW/D Connection Two Bedroom Units 1 BathRangeRefrigeratorW/D Connection

Property Features

Annual Tax 1506.17 District 05 Hoa YN No Lot Block Unit 4-6 Multifamily Type Triplex Occupancy Permanent Resident Only Owner Financing No Proposed Financing CashConventional Restrictive Covenants No Sewer Septic SystemSeptic Permit Not Found Tax Year 2022 Water Utility Zoning Other Zoning Entity Cocke County

Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of United Real Estate Solutions | Office Phone: 8654442400 .

Copyright 2023 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2023-11-28T14:16:02.653.
 
https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_263438-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_263438-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_263438-2.jpg
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Suzanne Walls with eXp Realty
200 E Broadway Ave Suite 504
Maryville TN, 37804
Listing courtesy of United Real Estate Solutions.