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Overview • Property Type: Multifamily Investment • Location: Within city limits of Greeneville • Lot Size: 1.5 acres • Total Units: 3 buildings, 5 rental units • Total Monthly Rental Income: $3,850 • Estimated Annual Rental Income: $46,200 • Reported Potential Net Income: $41,500/year Unit Breakdown Unit 1 (Front House Converted to 3 Apartments) • Total Units: 3 • Total Sq. Ft. (Estimated): 1,730 sq. ft. • Apartment A (Lower Level - Main): • 2 bed / 1 bath, 830 sq. ft. • Rent: $900/month • Apartment B (Lower Level - Side): • 1 bed / 1 bath, 450 sq. ft. • Rent: $600/month • Apartment C (Upper Level): • 1 bed / 1 bath, 450 sq. ft. • Rent: $700/month Unit 2 (Middle Home) • Structure Type: Small house/cottage • Size: 432 sq. ft. • Layout: 1 bed / 1 bath • Rent: $450/month Unit 3 (Rear Home at Top of Driveway) • Structure Type: Single-family home ...
Overview • Property Type: Multifamily Investment • Location: Within city limits of Greeneville • Lot Size: 1.5 acres • Total Units: 3 buildings, 5 rental units • Total Monthly Rental Income: $3,850 • Estimated Annual Rental Income: $46,200 • Reported Potential Net Income: $41,500/year Unit Breakdown Unit 1 (Front House Converted to 3 Apartments) • Total Units: 3 • Total Sq. Ft. (Estimated): 1,730 sq. ft. • Apartment A (Lower Level - Main): • 2 bed / 1 bath, 830 sq. ft. • Rent: $900/month • Apartment B (Lower Level - Side): • 1 bed / 1 bath, 450 sq. ft. • Rent: $600/month • Apartment C (Upper Level): • 1 bed / 1 bath, 450 sq. ft. • Rent: $700/month Unit 2 (Middle Home) • Structure Type: Small house/cottage • Size: 432 sq. ft. • Layout: 1 bed / 1 bath • Rent: $450/month Unit 3 (Rear Home at Top of Driveway) • Structure Type: Single-family home • Size: 1,980 sq. ft. • Layout: 3 bed / 2 bath • 2 bedrooms and 2 bathrooms on main level • 1 bedroom in basement • One-car drive-under garage • Heat pump • Large back deck • Rent: $1,200/month Financial Summary Unit Bedrooms Bathrooms Size (Sq. Ft.) Rent (Monthly) Unit 1A (Main) 2 1 830 $900 Unit 1B (Side) 1 1 450 $600 Unit 1C (Upper) 1 1 450 $700 Unit 2 (Middle) 1 1 432 $450 Unit 3 (Rear) 3 2 1,980 $1,200 Total — — 4,142 $3,850 Investment Highlights • Gross Annual Income: $46,200 • Reported Net Income: $41,500 (estimated after expenses) • Diverse Unit Mix: 1BR, 2BR, and 3BR options attract a wide tenant pool. • Spacious Lot: 1.5 acres offering future development or expansion potential. • City Location: Inside Greeneville city limits Overview " Property Type: Multifamily Investment " Location: Within city limits of Greeneville " Lot Size: 1.5 acres " Total Units: 3 buildings, 5 rental units " Total Monthly Rental Income: $3,850 " Estimated Annual Rental Income: $46,200 " Reported Potential Net Income: $41,500/year Unit Breakdown Unit 1 (Front House Converted to 3 Apartments) " Total Units: 3 " Total Sq. Ft. (Estimated): 1,730 sq. ft. " Apartment A (Lower Level - Main): " 2 bed / 1 bath, 830 sq. ft. " Rent: $900/month " Apartment B (Lower Level - Side): " 1 bed / 1 bath, 450 sq. ft. " Rent: $600/month " Apartment C (Upper Level): " 1 bed / 1 bath, 450 sq. ft. " Rent: $700/month Unit 2 (Middle Home) " Structure Type: Small house/cottage " Size: 432 sq. ft. " Layout: 1 bed / 1 bath " Rent: $450/month Unit 3 (Rear Home at Top of Driveway) " Structure Type: Single-family home " Size: 1,980 sq. ft. " Layout: 3 bed / 2 bath " 2 bedrooms and 2 bathrooms on main level " 1 bedroom in basement " One-car drive-under garage " Heat pump " Large back deck " Rent: $1,200/month Financial Summary Unit Bedrooms Bathrooms Size (Sq. Ft.) Rent (Monthly) Unit 1A (Main) 2 1 830 $900 Unit 1B (Side) 1 1 450 $600 Unit 1C (Upper) 1 1 450 $700 Unit 2 (Middle) 1 1 432 $450 Unit 3 (Rear) 3 2 1,980 $1,200 Total 4,142 $3,850 Investment Highlights " Gross Annual Income: $46,200 " Reported Net Income: $41,500 (estimated after expenses) " Diverse Unit Mix: 1BR, 2BR, and 3BR options attract a wide tenant pool. " Spacious Lot: 1.5 acres offering future development or expansion potential. " City Location: Inside Greeneville city limits - access to amenities, transit, and services.
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