207 Church St - Multi-Family FOR SALE


Martin, TN 38237
$189,999 USD
615-260-2807
207 Church St, Martin, TN for Sale
$189,999 USD
Multi-Family - FOR SALE
1/6
null | Request Cap Rate

207 Church St
Martin, TN 38237


HIGHLIGHTS

  • Triplex
  • Historic Property / Newly Renovated
  • Close proximity to UT Martin
  • New roof, flooring, staircase, and crawl space improvements

OVERVIEW

An exceptional investment opportunity awaits in Martin, TN - a beautifully restored Victorian-style home thoughtfully converted into a charming triplex. Ideally located just minutes from the UT-Martin campus, this historic property has undergone significant renovations, with $38,000 invested last year alone in a new roof, upgraded flooring, a redesigned staircase, and extensive crawl space improvements. The triplex features two spacious 2-bedroom, 1-bath units and one well-appointed 1-bedroom, 1-bath unit. Additionally, a prime value-add opportunity exists for the new owner to enhance returns by adjusting rents to market rates.

FOR SALE DETAILS

PRICE

$189,999 USD

PRICE/SF

$71 USD /SF

# OF UNITS

3

PRICE/UNIT

$63,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Church St

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

R-2

APN/PARCEL ID

073L-B-011.00

ASK ABOUT THIS PROPERTY

Jana TrumanSVN | Accel Commercial Real EstateMore Info
615-260-2807

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Jana TrumanSVN | Accel Commercial Real EstateMore Info
615-260-2807

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.