24670 Rhea County Hwy

Spring City, TN 37381

$395,000
Last Sold Price
15
Beds
6,156 Sq. Ft.
$64 / Sq. Ft.
6,156
Sq. Ft.
$64
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/14/19
Closed 11/14/19
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Description

Get your retirement or investment opportunity setup with this two building complex. Total of seven-2 bedroom apartments and one-1 bedroom apartment. Live in one, and rent out the rest to make your payments. All apartments are consistently rented. Lots of improvements to both complexes to include new roof in recent years, new windows and septic system. List of improvements will be made available to interested parties. Schedule your appointment before this opportunity goes away.Get your retirement or investment opportunity setup with this two building complex. Total of seven-2 bedroom apartments and one-1 bedroom apartment. Live in one, and rent out the rest to make your payments. All apartments are consistently rented. Lots of improvements to both complexes to include new roof in recent years, new windows and septic system. List of improvements will be made available to interested parties. Schedule your appointment before this opportunity goes away.
  1. Listed by Susan Crockett • Blue Key Properties Spring City

Property Details for 24670 Rhea County Highway

Waterfront
No
LISTING CLOSED: 11/14/2019 12:00 AM

Property Details for 24670 Rhea County Highway

StatusClosed
MLS #1304191
Days on Market2
Pet Policy-
Taxes$2,488 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeCondo
MLS TypeMultiFamily / Apartment
Year Built1980
CountyRhea County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Blue Key Properties Spring City, Susan Crockett (423.802.7515)

Sold By COMPS ONLY, Comps Only (423.698.8001)

Add your commute

Building Information for 24670 Rhea County Highway

Building/Complex24670 Rhea County HwyFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1980Building Size-

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$2,215 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,008

Property Taxes

$207

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 24670 Rhea County Highway

Summary
Location and General Information
  • City: Spring City
  • County Or Parish: Rhea
  • Directions: from office in Spring City- Hwy 27N approx 2 miles to property on right. NO SIGN
  • Latitude: 35.713742
  • Longitude: -84.835906
  • Postal Code: 37381
  • State Or Province: TN
  • Subdivision Name: None
Taxes and HOA
  • Tax Book Number: 469
  • Tax Legal Description: ref:pb 469/pg 493
  • Parcel Number: 024 017.11
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $2,488
  • Location Tax Legal Info : Deed Page: 493
School Information
  • Middle Or Junior School: Spring City
  • High School: Rhea County High School
  • Elementary School: Spring City
Parking
  • Garage: No
  • Attached Garage: No
  • Parking : Off Street Parking: Yes
Property
Lot Information
  • Lot Features: Level
  • Lot Size Dimensions: 2.4 acres
  • Lot Size Acres: 2.4
  • Lot Size Square Feet: 104544.0
  • Building Area Total: 6156.0
  • Lot Size Units: Acres
  • Living Area: 6156.0
Property and Assessments
  • Location Tax Legal Info : Multi-Use: Yes
  • Property Type Label: MultiFamily
  • New Construction: No
  • Documents Available: Confirmation of Agency, Disclaimer
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 1980
  • Property Type: MultiFamily
  • Property Sub Type: Apartment
Utilities
  • WaterSewer : Well: Yes
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Siding
  • Community Features: None
  • Parking Features: Off Street
  • Roof: Shingle
  • Property Details : Special Needs: 0
  • Roofing : Shingle: Yes
Interior Features
  • Fireplace: No
  • Electric: Yes
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • Foundation Details: Slab
  • Basement: Slab
  • Cooling: Electric
  • Heating: Central, Electric
  • Levels: 2 Level
  • Stories: 2
  • Description : 2 Level: Yes
  • Cooling : Central: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Unit 1
  • Unit 1 : Unit #: 1
  • Unit 1 : Bedrooms: 7
  • Unit 1 : Full Baths: 4
  • Unit 1 Features : Kitchen: Yes
Unit 2
  • Unit 2 : Unit #: 2
  • Unit 2 : Bedrooms: 8
  • Unit 2 : Full Baths: 4
  • Unit 2 Features : Kitchen: Yes
Unit 3
  • Unit 3 : Bedrooms: 8
Unit 4
  • Unit 4 : Bedrooms: 7
  • Unit 4 Features : Kitchen: Yes
Rental
Rental Information
  • Tenant Pays: Electricity
  • Property Details : Gross Monthly Rent: $.00

Property History for 24670 Rhea County Highway

DateEvent & SourcePriceAppreciation
Nov 14, 2019

Closed

Greater Chattanooga Association of REALTORS #1304191

$395,000—
Nov 14, 2019

Closed

Greater Chattanooga Association of REALTORS #1304191

$395,000—
Aug 5, 2019

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1304191

—
DateEvent & SourcePrice
11/14/2019

Closed

Greater Chattanooga Association of REALTORS #1304191

$395,000
11/14/2019

Closed

Greater Chattanooga Association of REALTORS #1304191

$395,000
08/05/2019

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1304191

—

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

Schools near 24670 Rhea County Highway

This home is within Rhea County School District.
Rating
School
Type
Grades
Distance
Spring City Elementary School
Public - PK to 5
Spring City Middle School
Public - 6 to 8
Rhea County High School
Public - 9 to 12
Rhea Middle School
Public - 6 to 8
Rating
School
Distance
Spring City Elementary School
PublicPK to 5

Spring City Middle School
Public6 to 8

Rhea County High School
Public9 to 12

Rhea Middle School
Public6 to 8

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blue Key Properties Spring City, Susan Crockett (423.802.7515)

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: 08/29/2024 11:18 AM