Sold
Last Sold Price
6 beds3,242 sqft

227 Spring St, Unit 1 5, Hampton, TN 37658

Multi FamilyProperty Type
0.22 acresLot Size
1935Year Built
$51/sq ftPrice per sq ft

Description

Hot Property! Purchase now, a possible resort near Watauga Lake is on the docket for Carter County Planning Commissioners. Commissioners will go over the plans for a 130 - acre resort. Excellent investment, cash flow and the potential to increase rents. These multi-units are 2 miles to Hampton Elementary & High School. Watauga Lake and the Appalachian Trail are 5 miles. There are 3 units with 1 bedroom/ 1 bathroom, 1 unit with 2 bedrooms/1 bathroom and a studio apartment. Each unit has a electric...Hot Property! Purchase now, a possible resort near Watauga Lake is on the docket for Carter County Planning Commissioners. Commissioners will go over the plans for a 130 - acre resort. Excellent investment, cash flow and the potential to increase rents. These multi-units are < 2 miles to Hampton Elementary & High School. Watauga Lake and the Appalachian Trail are < 5 miles. There are 3 units with 1 bedroom/ 1 bathroom, 1 unit with 2 bedrooms/1 bathroom and a studio apartment. Each unit has a electric and water meter. With a little TLC there is great potential to upgrade the individual units to increase the annual income significantly. All information reported is subject to buyers verification.
  • Listed by: Debra Elliott-Wade • Century 21 Legacy
Listing closed: 02/10/2020 12:00 AM • Source: Tennessee Virginia Regional MLS, MLS#: 419833
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Location

Listing Courtesy of Century 21 Legacy, Debra Elliott-Wade (865.318.2355)

Sold By Braswell Realty Inc. RM, Karla Holtsclaw (423.772.0100)

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Property Information for 227 Spring Street, Unit 1 5

Property Details

  • Taxes: $1,311 / year
  • MLS Type: Multi-Family / Multi-Family
  • Architectural Style: Duplex
  • Zoning: Commercial

Building Information

  • Stories: 2
  • Year Built: 1935
  • Lot Size: 0.22 AC / 9,480 SF

Summary

Location and General Information
  • City: Hampton
  • County: Carter
  • Directions: Head towards Hampton, TN on Highway 19 E; turn Left onto Spring Street then take the 1st Right. GPS is correct.
  • Latitude: 36.28
  • Longitude: -82.17
  • Postal Code: 37658
  • State Or Province: TN
  • MLS Area Major: 314 - Carter County
  • MLS Area Minor: 314 - Carter County
  • General Property Description : Zoning: Commercial
Taxes and HOA Information
  • Parcel Number: 0066C C 005.00
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 404
  • Location Tax Legal Info : Deed Page: 673
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $1,311.08
  • General Property Description : HOA Fee: $.00
School Information
  • High School: Hampton
  • Middle Or Junior School: Hampton
  • Elementary School: Hampton
Parking
  • Attached Garage: No

Property

Lot Information
  • Lot Size Dimensions: 60 X 158
  • Lot Size Square Feet: .00
  • Lot Size Acres: 0.0
  • Lot Features: Level
  • Lot Size Area: .00
  • General Property Description : Acres: .00
Property and Assessments
  • Property Condition: Average
  • Property Type: Multi-Family
  • Year Built: 1935
  • Property Sub Type: Multi-Family
  • Property Type Label: Multi-Family
  • New Construction: No
Utilities
  • Utilities: Cable Available, Cable Connected
  • Sewer: Septic Tank
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • # Fireplaces: 4
  • Cooling: Heat Pump
  • Fireplace Features: Brick
  • Interior Features: Eat-in Kitchen, Laminate Counters
  • Bathrooms Total Decimal: .00
  • Flooring: Carpet, Concrete, Laminate
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: Two
  • General Property Description : Stories: 2
  • Fireplace: Yes
  • Appliances: Refrigerator
Exterior Features
  • Exterior Features: Balcony
  • Construction Materials: Brick, Vinyl Siding
  • Parking Features: Concrete, Gravel, Parking Spaces
  • Patio And Porch Features: Covered, Front Patio
  • Roof: Composition
  • Heating : Heat Pump: Heat Pump
  • Walls : Drywall: Yes
  • Walls : Wood: Yes
  • Exterior Finish : Brick: Yes

Multi Family

Multi-Family Information
  • General Property Description : # of Units: 5.00
  • General Property Description : Total Units: 5.00
  • Location Tax Legal Info : Unit #: 1 - 5
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 18000
  • Income and Expenses : Vacancy Rate: 98
Unit 1
  • Unit 1 : # Units: 2
  • Unit 1 : # Half Baths: 0.0
  • Unit 1 : # Half Baths: 0.0
  • Unit 1 : # Bathrooms: 2.0
  • Unit 1 : # Bedrooms: 2
  • Unit 1 : # Rooms: 8
  • Unit 1 : SqFt: 1500
  • Unit 1 : Monthly Rent: 600
Unit 2
  • Unit 2 : # Units: 3
  • Unit 2 : # Rooms: 13
  • Unit 2 : # Bedrooms: 4
  • Unit 2 : # Bathrooms: 3.00
  • Unit 2 : SqFt: 1742
  • Unit 2 : Monthly Rent: 900

Property History for 227 Spring Street, Unit 1 5

DateEvent & SourcePriceAppreciation
Feb 10, 2020

Closed

Tennessee Virginia Regional MLS #419833

$164,900—
Jan 20, 2020

Contract - Not Showing

Tennessee Virginia Regional MLS #419833

—
Apr 9, 2019

Listed (Active)

Tennessee Virginia Regional MLS #419833

$169,900—
DateEvent & SourcePrice
02/10/2020

Closed

Tennessee Virginia Regional MLS #419833

$164,900
01/20/2020

Contract - Not Showing

Tennessee Virginia Regional MLS #419833

—
04/09/2019

Listed (Active)

Tennessee Virginia Regional MLS #419833

$169,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 227 Spring Street, Unit 1 5

This home is within Carter County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 5
Public - 5 to 12
Rating
School
Distance
Hampton Elementary School
PublicPK to 8

Hampton High School
Public9 to 12

Valley Forge Elementary School
PublicPK to 5

Carter County Alternative School
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Century 21 Legacy, Debra Elliott-Wade (865.318.2355)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 05/01/2024 10:04 AM