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$449,900
Active Listed today

1724 Main St 1-7

Tazewell, TN 37879 · Claiborne County

1910 built

About

SEVEN-UNIT MIXED-USE INVESTMENT OPPORTUNITY ON MAIN STREET! Located at 1724 Main Street in Tazewell, this property combines five residential apartments and two commercial spaces, offering multiple rental income sources and potential for future growth. Tax records indicate approximately 6,046 square feet of building area and a lot measuring approximately 58 x 75 feet. The second level includes a one-bedroom, one-bath apartment; a two-bedroom, one-bath apartment; a three-bedroom, one-bath apartment; and two studio apartments. The three-bedroom unit offers potential for a second bathroom, subject to feasibility and required approvals. Two occupied commercial spaces of approximately 1,000 and 700 square feet complement the residential rentals. Existing commercial leases may offer opportunities for future rental adjustments as lease terms and market conditions allow. With a Main Street location and a mix of residential and commercial uses, this property offers an opportunity to expand an investment portfolio or acquire a rental property with room for future improvements. Building square footage and lot dimensions are per tax records. Buyer and buyer's agent to verify all measurements, rental income, occupancy, lease terms, expenses, zoning, permitted uses and all other information deemed important.

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Details

Key facts

Restrictions, taxes, HOA and utilities — straight from the MLS.

  • City taxes apply Inside city limits
  • No HOA No association dues

Overview

Type
Residential Income
Year built
1910
Show all details Show less

Parking

Off Street

Listing details

MLS #
1357664
Status
Active
Days on market
Listed today

Location

Financing

Accepted financing
CashConventional

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Listing courtesy of Backwoods Realty & Development. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011.