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Sold for $1,150,000 on 03/03/23
  • $1,150,000

    131 Nevada Ave, La Follette, TN 37766

    --beds
    0baths
    12,932sqft
    Multi Family
    Built in 2002
    -- sqft lot
    $-- Zestimate®
    $89/sqft
    $978 Estimated rent

    What's special

    Nevada Heights is a 17-unit property located in LaFollette, TN that has recently been completely renovated and is well positioned to achieve market rents. The property has been ran as an affordable housing complex, but all rent restrictions will be lifted at the time of closing which will allow a buyer to increase rents to market rates. -Recently Renovated Interiors and Exterior -Ability to Convert Office Into 18th Unit -Rents $300-$400 Below Market

    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2023 at 07:38am

    Listed by:

    Kevin G. Tipton,

    SVN I Wood Properties,

    Jon Roosen,

    SVN I Wood Properties

    Bought with:

    Cohl Morgan, 351465

    SVN I Wood Properties

    Source: East Tennessee Realtors,MLS#: 1213848MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central, Other
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Laminate
    Interior area
    • Total structure area: 12,932
    • Total interior livable area: 12,932 sqft

    Property

    Parking
    • Parking features: On Premise Parking
    Lot
    • Size: 1.75 Acres
    • Dimensions: 1.75 Acre
    Details
    • Parcel number: 085O C 039.00

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    Condition
    • Year built: 2002

    Community & neighborhood

    Location
    • Region: La Follette

    Other

    Other facts
    • Listing terms: New Loan,Cash,Conventional
    Services availability