This multifamily unit is located on the south-east side of Cleveland minutes from Hwy 64. The building is unique because it is a quadruplex with a house attached. The house is 816SF and has three bedrooms, one bath, central heat and air. The block quadruplex is 4,000SF and has one apartment with 1 bedroom and 1 bath. The other two apartments are 2 bedrooms and 1 bath. The fourth unit has been used for several years as a produce market. It has roughly 1000SF with an office and walk in cooler. All 4 units have laundry hook-ups. Tenants pay water, electric and do lawn maintenance. The monthly total rent income is $2,600. The commercial space is vacant, but could be leased for $500 monthly. Taxes are $923.13 yearly, Insurance is $2,600 yearlyLawn maintenance is tenant responsibility.
Off market
Street View
Zestimate®
$221,200
590 4th St SE, Cleveland, TN 37311
7beds
0baths
4,816sqft
MultiFamily
Built in 1920
-- sqft lot
$221,200 Zestimate®
$46/sqft
$1,078 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 0
Heating
- Electric
Cooling
- Wall
Features
- Flooring: Carpet, Hardwood
- Basement: Crawl Space
Interior area
- Total interior livable area: 4,816 sqft
Property
Features
- Exterior features: Cement / Concrete
Lot
- Size: 7,840 sqft
Details
- Parcel number: 057EC00500000
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Footing
- Roof: Composition
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Cleveland
Other
Other facts
- Basement: Crawl Space
- Cooling: Window/Wall Unit
- Exterior: Siding, Cement Fiber Siding
- Heating: Electric
- Lot Description: Level
- Water/Sewer: Public Water, On Sewer
- Unit 1 Features: 1 Bath, Eat-In Kitchen, 1 Bedroom, Den
- Unit 2 Features: 1 Bath, Eat-in Kitchen, 2 Bedrooms, 1 Bedroom, Den, Kitchen
- Unit 3 Features: 1 Bath, 2 Bedrooms, Den
- Roof: Shingle
- Tenant Pays: Water, All Utilities
- Unit 4 Features: 2 Bedrooms, 1 Bath, Eat-in Kitchen, Kitchen
- Existing Financing: Conventional
- Parking: Main Level
- Property Sub-Type: Quad
- # of Stories: 1.0
- Property Type: B
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$221,200
2% more+$4,424
With Zillow Showcase(estimated)$225,624