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1809 Field Rd

By Owner
ELIZABETHTON, TN, 37643
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Property Description

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9 Bedrooms

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4.0 Baths

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2,016 SQ FT

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1933 Built

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0.60 Acres


Seller Financing Available

$469,900

About this home

Unlock the potential of savvy real estate investing with this multi-plex property, magnificently positioned in the serene city of Elizabethton. Seller financing is a convenient potential option for the discerning buyer, hanging the door wide open for excellent opportunities. Housing two buildings; a 4-plex and a duplex, this property features a total of six apartments, three being one-bedroom units, a sizable three-bedroom, and a two-bedroom space. Each cozy living quarters features a full bathroom for privacy and convenience. The property, encased in a generously half-acre lot, promises abundant space amidst a bustling city backdrop. Character and charm are enhanced by the attractive metal roofs that cap both buildings and updated electrical breaker boxes enhance overall safety. A myriad of upgrades throughout the buildings gives a fresh feel, with one of the duplexes boasting all-new windows and some apartments featuring new flooring. Convenience is made readily available with the inclusion of range and refrigerator appliances in each apartment. A significant income source awaits as the property is currently configured with a monthly gross rental of $3,050, and there's considerable room to increase this amount with the local rental market's potential. Secured by trustworthy tenants on a month-to-month lease, the transition to new ownership could be smooth and seamless. An expansive level yard will surely captivate outdoor enthusiasts looking for green space within city limits. Ample parking at both the front and back of the property ensures that tenants and guests have no parking headaches to worry about. Sat on the west end in a sought-after neighborhood, this property combines location and lucrative potential in one exciting opportunity. In addition to its current use, the property holds fantastic potential as a main residence with income potential. Imagine the convenience of living in one apartment while the others contribute to your income, a wise investment for those looking to get the most bang for their buck. Take advantage of this versatile property in an ideal location offered with the potential of seller financing. Let this Elizabethton gem become your key to a prosperous investment future!

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