Description
Rare investment opportunity!! Own your own business in the riverfront town of Clifton, TN. This turn-key business features 2 multi-family structures that are completely rented. Unit #1 is 1242/sq feet. It was built in 1952. It is classified as a duplex with 2 full time tenants. Building #2 is 2048 Sq feet. It was built in 2004. It has 6 units. All units are currently rented at 100%. 8 units in all. Monthly income of $4700. Some of the units have full kitchen with stove, others have a kitchenette. Rent per unit varies from $580-$625/mo. Current tenants are all under lease agreements. Buildings have city water, and sewer, and natural gas utilities. Taxes are $1333/year. This property is being sold "As Is"
School Ratings & Info
Description
Rare investment opportunity!! Own your own business in the riverfront town of Clifton, TN. This turn-key business features 2 multi-family structures that are completely rented. Unit #1 is 1242/sq feet. It was built in 1952. It is classified as a duplex with 2 full time tenants. Building #2 is 2048 Sq feet. It was built in 2004. It has 6 units. All units are currently rented at 100%. 8 units in all. Monthly income of $4700. Some of the units have full kitchen with stove, others have a kitchenette. Rent per unit varies from $580-$625/mo. Current tenants are all under lease agreements. Buildings have city water, and sewer, and natural gas utilities. Taxes are $1333/year. This property is being sold "As Is"
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