$972,000
$1,080,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
77 Farmview Circle Winchester, TN 37398
1,800 SqFt
Key Details
Sold Price $972,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $540
Subdivision Farmview Est Ph Ii
MLS Listing ID 2304380
Sold Date 02/16/22
Year Built 2005
Annual Tax Amount $8,602
Property Description
6 very well managed duplexes being sold together! Current annualized cap rate of 6% with room to raise rents. These properties are located in the City Limits of Winchester and are on city sewer, city water, and tenants enjoy municipal trash service. 4 of the duplexes are side by side and the other two are just around the corner. 5 out of the 6 duplexes have new roofs and roughly 7 of the units have new HVAC units. Owners have maintained good financial records.
Location
State TN
County Franklin County
Zoning R2
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplace N
Exterior
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Clark Memorial School
Middle Schools North Middle School
High Schools Franklin Co High School
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