Price Reduction - Seller Financing
Address
616 E Main St, Livingston, TN
Price
$ 1,000,000
Property Attributes
  • MLS#2614568
  • TypeMulti-Family
  • CountyOVERTON
  • CityLivingston
  • Zip38570
  • StyleMulti Family
  • Year Built2023
  • Taxes$ 4355
  • Price$ 1,000,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage7430
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description

MRG Realty Partners is pleased to present 616 E Main St. , Livingston, TN - an 11-unit 1 and 2 bedroom multifamily complex that includes 2 successful local tenants - an Italian restaurant and a nail salon. Livingston, TN has benefitted greatly from the population surge in middle Tennessee and spillover from Cookeville, home to Tennessee Tech. Fully stabilized building and strategically positioned on a corner lot next to a traffic light intersection. There is potential for rent increases and value add opportunities. 2023 renovations include new kitchen, electrical, bathrooms, drywall, and much more. 2 bed and 1 bed apartment units. 2 retail tenants in addition to 11 apartment units. Partial owner finance available Contact the listing agent for more information.

Elementary School Middle School High School
Allons Elementary Livingston Middle School Livingston Academy High School
Price History
1/31/2024 Listed $1,090,000
2/1/2024 4% - $1,050,000
2/9/2024 5% - $1,000,000

General Features

Sewer Public Sewer
Heating Dual,Electric,Wall Furnace
Cooling Dual,Electric,Wall/Window Unit(s)
Utilities Electricity Available,Water Available
Possession Close Of Escrow
Zoning N/a
Construction Materials Vinyl Siding,Wood Siding
Year Built 2023
Stories 1
Levels One
Gross Income 102000
OwnerPays Water
County Overton County,TN
Net Operating Income 78400
Operating Expense 23600
New Construction No
Property Type Residential Income
Attached Garage No
Subdivision Name n/a
Garage Y/N No
Status Active
Directions n/a
High School Livingston Academy
City Livingston
View Y/N No
Total Units 13
Waterfront Y/N No
Carport Y/N No
Street Name E Main St
Elementary School Allons Elementary
Property Attached Y/N Yes
Year Built Details RENOV
Tax Annual Amount 4355
Middle/Junior High School Livingston Middle School
Days on Market 8
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 3800

Interior Features

Flooring Laminate
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 7430
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet

Exterior Features

Water Source Public
Inclusions APPLN,FURN
Building Area Total 7430
Lot Dimensions 104 X 92.5 X 200 X 214
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 38570

Price
AVG $1M
$1M
Taxes
AVG $4,355
$4,355
Visits
AVG 2
1
Data Provided by Inside Real Estate®
Year Built
AVG 2023
2023