$385,000
Active
274 Days Online
0 Beds0 Baths3,612 SQFT
Active

7050-7064 Armory Rd Newport, TN 37821

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ATTENTION INVESTORS! Previous owner absolutely loved this property, but unfortunately was not able to realize her dreams of what she envisioned. All three units have long term tenants who also truly love their home! Find your favorite Agent and schedule your showing today! 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! Unit 3 has all new LVP flooring throughout, new tile in the bathroom. Units 1 and 2 have new tile in the kitchen and bath. Unit 1 has a new tub/shower combo.

  • Property TypeMulti-Family
  • NeighborhoodAl Hannon
  • CountyCocke
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site274 Days
  • MLS StatusActive
  • MLS ID Number1239924
  • Home Size Source N/A
  • Year Built1973
  • Lot Size0 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Vinyl SidingBlockFrame
  • Parking On Premise Parking
  • Acreage 0
  • Attached Garage No

Interior Features

  • Cooling Central Cooling
  • Heating Heat PumpCentralElectric
  • Appliances Smoke DetectorRefrigerator
  • Flooring LaminateCarpetVinyl

Community Features

  • MLS Area Cocke County - 39

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Monthly Payment (Est.)

$2,039
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