$675,900
$675,900
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123 Mill Ave Rutledge, TN 37861
7,668 SqFt
Key Details
Sold Price $675,900
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,668 sqft
Price per Sqft $88
MLS Listing ID 1194068
Sold Date 08/15/22
Originating Board East Tennessee REALTORS® MLS
Year Built 1955
Lot Size 1.760 Acres
Acres 1.76
Lot Dimensions x
Property Description
Investment Opportunity!!
1.76 acres
7,668 sq ft
Low county taxes $2,131.24
All brick, VERY well maintained, one level 11-unit apartment complex.
8 - One-bedroom apartments
3 - Fully furnished efficiency units
Tenant laundry room (coin operated)
Two storage rooms
All units have updated water lines, updated tub surrounds and vents, ceiling fans in living rooms, Anderson storm doors on 9 of 11 units, new energy efficient windows in all units and NEW roof!
No pets or smoking allowed in units.
Middle of complex features office, living quarters with 2 bedrooms, 2 full baths, living room, large custom kitchen, full basement with workshop, and sauna. There are 2 fireplaces, one up and one downstairs.
Outside features include fenced area with above ground pool, hot tub and gaze Rent
5 units @ $475
3 units @ $525 (Efficiencies)
2 units @ $500
1 unit @ $525
Location
State TN
County Grainger County - 45
Area 76665.0
Rooms
Other Rooms Addl Living Quarter
Interior
Heating Central, Other, Electric
Cooling Central Cooling, Ceiling Fan(s), Window Unit(s)
Flooring Laminate, Carpet, Vinyl
Furnishings true
Appliance Range, Refrigerator
Heat Source Central, Other, Electric
Exterior
Exterior Feature Prof Landscaped, Porch - Covered, Pool - Swim(Abv Grd), Doors - Storm, Deck, Fence - Privacy, Window - Energy Star
Parking Features On Premise Parking
Garage Description On Premise Parking
Amenities Available Pool
Roof Type Shingle
Garage No
Building
Faces From Knoxville, 11W to Rutledge, left onto Mill Ave, property first driveway on left. NSOP
Structure Type Brick
Schools
Elementary Schools Rutledge
Middle Schools Rutledge
High Schools Rutledge
Others
Tax ID 029049P A 01600
Energy Description Electric
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
Pets Allowed No
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