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707 Elk Avenue

Elizabethton, TN 37643
  • $499,900
  • STATUS: Active
  • ON SITE: 110 Days
  • MLS #: 9933063
Price Reduced
UPDATED: 47 min ago
$499,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,840
    SQFT
  • $73
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1927
County:

School Ratings & Info

Description

Featuring a unique investment property. This investment property is a money-making business located in downtown Elizabethton. The property described is a two-story building. On the main level there is 3 professional office businesses, a hair salon, with additional space for one more office. On the upstairs features a furnished apartment being used as an Airbnb. The second apartment is currently being lived in by the sellers (which could also be used as an Airbnb). The current owners have poured their heart into this building with updated custom features and beautiful workmanship. They are currently completing the large upstairs apartment by adding finishing touches to the master suite. the apartment still has the original 12-foot-high tin ceilings and hardwood flooring. Current gross potential income for this property is $83,600.00 yearly. Additional parking lot located behind the building that is available for purchase with the property for additional $25,000. A must-see investment, see attached pictures. Schedule a showing today.

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© 2022 Tennessee/Virginia Regional Multiple Listing Service. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2022-05-16T13:00:25.68.
www.easttennesseehomepros.com/homes/125056388
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707 Elk Avenue Elizabethton, TN 37643

  • Price: $499,900
  • Status: Active
  • On Site: 110 Days
  • Updated: 47 min ago
  • MLS #: 9933063
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,840
SQFT
$73
$/SQFT
1927
Built
Neighborhood:
City Of Elizabethton
County:
Carter
Area:
City Of Elizabethton
Property Description
Featuring a unique investment property. This investment property is a money-making business located in downtown Elizabethton. The property described is a two-story building. On the main level there is 3 professional office businesses, a hair salon, with additional space for one more office. On the upstairs features a furnished apartment being used as an Airbnb. The second apartment is currently being lived in by the sellers (which could also be used as an Airbnb). The current owners have poured their heart into this building with updated custom features and beautiful workmanship. They are currently completing the large upstairs apartment by adding finishing touches to the master suite. the apartment still has the original 12-foot-high tin ceilings and hardwood flooring. Current gross potential income for this property is $83,600.00 yearly. Additional parking lot located behind the building that is available for purchase with the property for additional $25,000. A must-see investment, see attached pictures. Schedule a showing today.
Exterior Features

Exterior Finish BlockBrickConcrete Lot Size 38X100 Road Access AlleyCity StreetTownship Road Roof Built-UpComposition

Interior Features

Ac See Remarks Heating See Remarks Number Restrooms 5 Total Sqft Finished 6840.00 Total Sqft Unfinished 0.00

Property Features

Annual Lease Amount 0.00 Auction No Business Type Barber/BeautyOffice/ShowroomProfessional ServiceRetail City Taxes 1135.16 Complex Ind Park Retail Trade - General County Taxes 1515.59 Development Status Other Easements Flood Zone Electric Service 220 Volts Existing Finance Conventional Financing CashConventional Foreclosure No Info Available Books Available Other Equipment DishwasherDisplay WindowDryerFurnitureRangeRefrigeratorSecurity SystemSmoke Detector(S)Washer Property Condition Average Restrictions See Remarks Sale Includes See Remarks Sewer Public Sewer Short Sale No Water Public Zoning Commercial

Listing information © 2022 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Sheryl Garland of Century 21 Legacy.



© 2022 Tennessee/Virginia Regional Multiple Listing Service. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2022-05-16T13:00:25.68.
 
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The Lusk Team | Evans & Evans Real Estate
2685 Boones Creek Rd. Ste.104
Johnson City TN, 37615