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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 10122183
Sold Date 05/31/22
Year Built 1972
Annual Tax Amount $2,029
Property Description
Great investment opportunity! Fourplex located in the heart of Covington, LOW TAXES. 4 units each--2 bedrooms/1.5 baths. RENT READY EVERYTHING. 2 section 8 guaranteed $750, one long term tenant $750, 1 vacant marketed @ $850. Rents have not been raised on other units. New vinyl floor in 2 of the units. 1 unit completely updated 2020. Tenants pays all utilities. Leases and rent rolls upon request. Vacant unit available to be seen until its rented. Other units no showings until accepted offer.
Location
State TN
County Shelby
Area Tipton - North
Interior
Heating Central, Gas
Cooling Central
Flooring Tile, Vinyl Floor, Dry Wall
Equipment Refrigerator, Range/Oven (Freestanding), Dishwasher
Laundry Connections
Exterior
Garage Asphalt/Blacktop
Roof Type Composition
Building
Story 2
Foundation Slab
Water Electrical, Public Sewer, Public Water
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Brittan A Robbins • eXp Realty, LLC
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