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602 S Gateway Ave

Rockwood, TN 37854
  • $729,900
  • STATUS: Active
  • ON SITE: 65 Days
  • ID#: 1221955
UPDATED: 38 min ago
$729,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,012
    SQFT
  • $104
    $/SQFT
Type:
Multi-Family
Built:
1953
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

The property consists of 1.5 acres. It currently has 11 units, all of which are rented. Up front is a duplex with two units in it, each are 2/1. The long building in the back has 9 units. 3 units are 2/2, 6 units are 1/1. Some of the units have central heat/air, some window units, some use floor heaters. All units have their own hookups, water, sewer, and electricity, paid by the tenant. The house/duplex has one water meter (Paid by landlord) but the electric is separate meters, paid by the tenants. Each unit has stove and refrigerator. Trash is picked up by the city, which is included in the taxes.There is room for additional construction at the front of the property.

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© 2023 Knoxville Area Association of REALTORS®, Inc. 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. Some or all of the listings displayed may not belong to Catrina Foster Group I Keller Williams Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Catrina Foster Group I Keller Williams Realty. Data last updated: 2023-06-01T15:15:17.407.
www.catrinafostergroup.com/homes/138049692
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602 S Gateway Ave Rockwood, TN 37854

  • Price: $729,900
  • Status: Active
  • On Site: 65 Days
  • Updated: 38 min ago
  • ID#: 1221955
0
Beds
0
Baths
0
½ Baths
N/A
Acres
7,012
SQFT
$104
$/SQFT
1953
Built
County:
Roane
Area:
Rockwood
Elementary School:
Ridge View
Middle School:
Rockwood
High School:
Rockwood
Property Description
The property consists of 1.5 acres. It currently has 11 units, all of which are rented. Up front is a duplex with two units in it, each are 2/1. The long building in the back has 9 units. 3 units are 2/2, 6 units are 1/1. Some of the units have central heat/air, some window units, some use floor heaters. All units have their own hookups, water, sewer, and electricity, paid by the tenant. The house/duplex has one water meter (Paid by landlord) but the electric is separate meters, paid by the tenants. Each unit has stove and refrigerator. Trash is picked up by the city, which is included in the taxes.There is room for additional construction at the front of the property.
Exterior Features

Construction Frame Driveway Yes Exterior Features Windows - Storm Garage Parking Off-Street ParkingOn Premise Parking Lot Size 300 X 175 Siding Vinyl

Interior Features

Appliances RangeRefrigerator Cooling Central CoolingWall CoolingWindow Unit(S) Floors CarpetLaminateVinyl Fuel ElectricGas (Natural) Heat BaseboardCentralSpace Heater Other Rooms Mstr Bdrm Main Level

Property Features

Annual Oper Expenses 8082.00 Auction YN No City County Code City Limits City Taxes 744.61 County Taxes 1945.57 Gross Annual Income 64308.00 Lease Information Tenants Are Month To Month. Multifamily Sub Type ApartmentDuplexFive Or Six Plex New Financing CashConventional Owner Expenses Common Area MaintenanceExterior MaintenanceInsuranceLawn MaintenanceRoof MaintenanceTaxes Property Status N/A Pud YN No Restrictions Yes Sale Includes Building And Land Tenant Expenses CoolingElectricityGasHeatingTelephoneTenant Pays All UtilWater/Sewer Total Tax 2634.39 Type Of Units 1 Bedroom Unit2 Bedroom UnitUnfurnished Units Leased 11.00 Utilities Mo Avg 0.00

Listing information © 2023 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Coldwell Banker Jim Henry: (865) 376-2121.


© 2023 Knoxville Area Association of REALTORS®, Inc. 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. Some or all of the listings displayed may not belong to Catrina Foster Group I Keller Williams Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Catrina Foster Group I Keller Williams Realty. Data last updated: 2023-06-01T15:15:17.407.
 
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Catrina Foster Group I Keller Williams Realty
125 Town Creek Rd E
Lenoir City TN, 37772