205 West Commerce Street

205 West Commerce Street

Loretto, TN 38469

$449,000
Price
8
Beds
4
Baths
5,600 Sq. Ft.
$80 / Sq. Ft.
5,600
Sq. Ft.
$80
per Sq. Ft.
a front view of a house with a yard
a front view of a house with a yard
a front view of a house with a yard
a kitchen with granite countertop white cabinets white stainless steel appliances and sink
a kitchen with granite countertop cabinets and white appliances
a view of a kitchen with granite countertop cabinets
an empty room with a window and a ceiling fan
an empty room with a window
a bathroom with a toilet and a bathtub
a view of a window in an empty room
a view of a hallway with wooden floor and staircase
a kitchen with a sink appliances and cabinets
a kitchen with a sink and refrigerator
a room with storage and utility
a utility room with dryer and washer
an empty room with a window
a view of small space
a view of small space with wooden floor
a white refrigerator freezer sitting in a kitchen
a view of an empty room with wooden floor and a window
a kitchen with granite countertop a sink window and cabinets
a view of a small space
a bathroom with a sink
a view of a decorative light in a hallway
a view of an empty room

Description

Great Investment Opportunity! This Apartment has 6 units, totaling 12 bedrooms and 7 baths, which are all currently rented. The units range from one bedroom to 3 bedrooms. Perfect for someone that wants to have extra monthly income. Located in growing downtown Loretto and less than 30 mins to Florence AL .Great Investment Opportunity! This Apartment has 6 units, totaling 12 bedrooms and 7 baths, which are all currently rented. The units range from one bedroom to 3 bedrooms. Perfect for someone that wants to have extra monthly income. Located in growing downtown Loretto and less than 30 mins to Florence AL .
  1. Listed by Christie Hagan • Coldwell Banker Southern Realty • 9314228780

Property Details for 205 West Commerce Street

Subdivision Name
n/a
Waterfront
No

Location

Listing Courtesy of Coldwell Banker Southern Realty, Christie Hagan (931.422.8780)
Add your commute
LISTING UPDATED: 02/20/2024 12:01 PM

Property Details for 205 West Commerce Street

StatusActive
MLS #2604683
Days on Market120
Taxes$1,090 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1919
Lot Size-
CountyLawrence County

Location

Listing Courtesy of Coldwell Banker Southern Realty, Christie Hagan (931.422.8780)
Add your commute

Building Information for 205 West Commerce Street

Stories2Residences6Year Built1919Building Size-Lot Size-

Payment Calculator

$2,541 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,450

Property Taxes

$91

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 205 West Commerce Street

Summary
Location and General Information
  • Directions: South on Hwy 43 toward Loretto. Turn right onto W Commerce St.
  • Elementary School: South Lawrence Elementary
  • High School: Loretto High School
  • Levels: One
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Middle Or Junior School: South Lawrence Elementary
  • Mlg Can View: Yes
  • Zoning: 1
Parking
  • Garage Spaces: .00
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Owner
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Owner
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Owner
  • Building Area Units: Square Feet
  • Flooring: Carpet, Finished Wood, Laminate
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 151H E 00400 000
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Brick
  • Documents Count: 2
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Unit 1
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $2,550

Property History for 205 West Commerce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 205 West Commerce Street

Taxable ValueLand$4,000Additions$42,560Total$46,560
Tax Record2023$1,090 ($91 / month)
Home Facts
Total Finished SqFt5,390 SqFtAbove Grade Finished SqFt5,390 SqFtStories2Lot Size43,560 SqFtStyleMulti-Family Res (5+ Units)Year Built1919Year Renovated1944CountyLAWRENCEAPN050151H E 00400

Schools near 205 West Commerce Street

This home is within Lawrence County School District.
Rating
School
Type
Grades
Distance
Lawrenceburg Public
Public - PK to 5
David Crockett Elementary School
Public - PK to 5
Ingram Sowell Elementary School
Public - PK to 5
South Lawrence Elementary School
Public - PK to 8
Rating
School
Distance
Lawrenceburg Public
PublicPK to 5

David Crockett Elementary School
PublicPK to 5

Ingram Sowell Elementary School
PublicPK to 5

South Lawrence Elementary School
PublicPK 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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More information about 205 West Commerce Street, Loretto, TN 38469

205 West Commerce Street is a multi-family home for sale in Loretto, TN 38469. This property was listed for sale on December 27, 2023 by Coldwell Banker Southern Realty, it's currently listed at $449,000. It has been on the market for a total of 120 days and was last sold on September 19, 2018. This listing's school district is Lawrence County School District. Nearby schools include Lawrenceburg Public, David Crockett Elementary School and Ingram Sowell Elementary School. 205 West Commerce Street is a 8-bed, 4-bath, 5,600 sqft multi-family home built in 1919.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Southern Realty, Christie Hagan (931.422.8780)

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 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 02/20/2024 12:01 PM