24885 Highway 58

Decatur, TN 37322

$95,000
Last Sold Price
—
Beds
—
Baths
2,156 Sq. Ft.
$44 / Sq. Ft.
2,156
Sq. Ft.
$44
per Sq. Ft.
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Closed 1/21/09
Closed 1/21/09
Primary Photo

Description

Great deal on a 3 family! 2 bedrooms, 1 bath units- move in condition. All units are rented and there is a waiting list. 3/4 acre level yard. 3 year old metal roof. Stove and refrigerator stay. Washer/dryer hookups. Plumbing-2 years old. Outbuilding. 5 minutes from Watts Bar Lake and town of Decatur. 3 miles to elementary school. Qualified buyer can go FHA on this property.Great deal on a 3 family! 2 bedrooms, 1 bath units- move in condition. All units are rented and there is a waiting list. 3/4 acre level yard. 3 year old metal roof. Stove and refrigerator stay. Washer/dryer hookups. Plumbing-2 years old. Outbuilding. 5 minutes from Watts Bar Lake and town of Decatur. 3 miles to elementary school. Qualified buyer can go FHA on this property.
  1. Listed by Joy Krause • ERA Blue Key Properties

Property Details for 24885 Highway 58

Pets Allowed
No
Miscellaneous No Pets
True
LISTING CLOSED: 01/21/2009 12:00 AM

Property Details for 24885 Highway 58

StatusClosed
MLS #640043
Days on Market84
Taxes$490 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1974
Lot Size0.00 AC / 0 SF
CountyMeigs County
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Location

Listing Courtesy of ERA Blue Key Properties, Joy Krause

Sold By Harold Long Realty, Don Long (865.237.4605)

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Building Information for 24885 Highway 58

Stories-Residences3Year Built1974Building Size-Lot Size0.00 AC / 0 SF

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$524 per month

30 year fixed, 6.55% Interest

Principal and Interest

$483

Property Taxes

$41

HOA Dues

$0

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Property Information for 24885 Highway 58

Summary
Location and General Information
  • City: Decatur
  • County Or Parish: Meigs County - 41
  • Directions: Hwy 68 to Hwy 58 N. 1.7 miles on R.
  • Latitude: 35.786807
  • Longitude: -84.577357
  • MLS Area Major: Meigs County - 41
  • MLS Area Minor: Meigs County - 41
  • Postal Code: 37322
  • State Or Province: TN
  • Location Tax Legal Info Area: Meigs County - 41
  • Remarks Misc Directions: Hwy 68 to Hwy 58 N. 1.7 miles on R.
Parking
  • General Property Description Driveway: Gravel
  • Garage Parking On Premise Parking: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 025 007.02
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 490.0
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 1974
  • Building Area Total: 2156.0
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: .77 acres
  • General Property Description Lot Dimensions: .77 acres
  • General Property Description New Construction: Under Roof
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • Fuel Electric: True
  • Miscellaneous TV Cable Available: True
  • Miscellaneous WasherDryer Cnctns: True
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Siding Brick: True
Interior Features
  • Bathrooms Total Integer: 0
  • Kitchen Appliances: Refrigerator
  • Flooring: Hardwood, Tile, Carpet
  • Floors Carpet: True
  • Floors Hardwood: True
  • Floors Tile: True
  • Heat Baseboard: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Roof Roof Info: Metal
Multi Family
Income & Expenses Information
  • Gross Income: $13,500.00
  • Net Operating Income: $13,500.00
  • OperatingExpense: $15.00
Multi-Family Information
  • Number Of Units Total: 3
  • Type of Units 2 Bedroom Unit: True
  • Type of Units Unfurnished: True
  • Income Expenses Gross Annual Income: 13500.0
  • Income Expenses Annual Oper Expenses: 15.0
Rental
Rent Information
  • General Property Description Lease Information: Unit 10- Section 8- 1 year lease, Units 8, 9 month
  • Tenant Expenses Cooling: True
  • Tenant Expenses Electricity: True
  • Tenant Expenses Heating: True
  • Tenant Expenses Telephone: True
  • Tenant Expenses Tenant Pays All Utilities: True
  • Tenant Expenses WaterSewer: True

Property History for 24885 Highway 58

DateEvent & SourcePriceAppreciation
Jan 21, 2009

Closed

Greater Chattanooga Association of REALTORS #1118522

$95,000—
Jan 21, 2009

Closed

KAARMLS #640043

$95,000—
Jan 21, 2009

Closed

Greater Chattanooga Association of REALTORS #1118522

$95,000—
DateEvent & SourcePrice
01/21/2009

Closed

Greater Chattanooga Association of REALTORS #1118522

$95,000
01/21/2009

Closed

KAARMLS #640043

$95,000
01/21/2009

Closed

Greater Chattanooga Association of REALTORS #1118522

$95,000

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

Schools near 24885 Highway 58

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

Meigs Middle School
Public6 to 8

Meigs County High School
Public9 to 12

Meigs South Elementary School
PublicPK to 5

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 ERA Blue Key Properties, Joy Krause

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: 10/06/2021 05:13 AM