Dayton, TN 37321,109 Armstrong Ferry RD
$430,000
$450,000
4.4%
Est.Price: ?

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5,332 SqFt

109 Armstrong Ferry RD Dayton, TN 37321

Est. payment /mo
SOLD DATE : 08/27/2024

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Key Details

Sold Price $430,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 0.84

Square Footage 5,332 sqft

Price per Sqft $80

MLS Listing ID 20241537

Sold Date 08/27/24

Construction Status Functional

Originating Board River Counties Association of REALTORS®

Year Built 1972

Annual Tax Amount $2,598

Lot Size 0.840 Acres

Acres 0.84

Property Description

🏢 Income-Producing 6-Unit Apartment Complex Near Town Center!

Discover an exceptional investment opportunity with this 6-unit apartment complex located just moments away from the heart of town. Here's why this property is a must-see:

🌆 Convenient Location: Situated close to the town center, residents enjoy easy access to shopping, dining, and entertainment, making it a desirable location for renters seeking convenience and accessibility.

💰 Solid Rent History: With a proven track record of consistent rental income, this property offers stability and reliability for investors looking to maximize their returns.

📈 Room for Rent Increases: Despite its strong rent history, there's still significant potential to increase rents, providing the opportunity for even greater cash flow and appreciation over time.


🔒 Secure Investment: With its solid rent history, prime location, and potential for increased income, this apartment complex presents a secure investment opportunity in the thriving rental market.

Don't miss out on this chance to own a lucrative piece of real estate with room for growth! Contact us today to arrange a viewing and secure this income-producing asset.

Location

State TN

County Rhea

Zoning Commercial

Direction Highway 27 North to Blythes Ferry and turn right. Left on Armstrong Ferry Road.

Interior

Interior Features Walk-In Closet(s), Ceiling Fan(s)

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Vinyl

Appliance Electric Range, Refrigerator

Laundry Laundry Closet

Exterior

Exterior Feature Rain Gutters

Garage Parking Lot, Asphalt

Fence None

Utilities Available Water Connected, Sewer Connected, Electricity Connected

Waterfront No

Roof Type Shingle

Parking Type Parking Lot, Asphalt

Building

Lot Description Sloped

Foundation Block

Lot Size Range 0.84

Sewer Public Sewer

Water Public

New Construction No

Construction Status Functional

Schools

Elementary Schools Dayton City

Middle Schools Dayton City

High Schools Rhea County

Others

Tax ID 097h C 00200 000

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Keller Williams Realty - Ridge to River
Bought with United Real Estate Experts Chattanooga

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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