Excellent investment opportunity in the heart of downtown Erwin, TN! This fixer-upper is a tremendous opportunity for multi-family investors, with projected monthly revenue up to $9200 after repairs! Take advantage of the historic character and create mid-to-high level rental units. Units range from nine small 1-bedroom apartments to two larger 2-bedroom apartments. Several could be converted to additional 2-bedrooms or 3-bedroom units. Immediate sidewalk access and off-street parking. Walking distance to downtown shops and restaurants. The ground level units could also easily be converted to retail/office space. Grab this opportunity while you can!
Status of Listing
Off Market
Property Type
Multi Family
County
Unicoi
MLS#
1203329
Property Details
Property / Lot Details
Property Information
- Type: Multi Family
- Site Built? Yes