311 West Market Street

311 West Market Street

Somerville, TN 38068

$995,000
Price
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Beds
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Sq. Ft.
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per Sq. Ft.
a front view of a house with a garden
a house view with a garden space
a view of an empty room with wooden floor
a view of an empty room and wooden floor
an empty room with wooden floor and a window
an empty room with wooden floor and windows
a view of an empty room with wooden floor
a bathroom with a sink and a mirror

Description

16 Unit aparmtent complex available in Somerville, TN. All units individually metered and equipped with central heat and air. 87% occupied at time of listings. Current rent role available upon request.16 Unit aparmtent complex available in Somerville, TN. All units individually metered and equipped with central heat and air. 87% occupied at time of listings. Current rent role available upon request.
  1. Listed by Jimmy Kennedy • KAIZEN Realty, LLC

Property Details for 311 West Market Street

Area
653A
MAAR Subdivision Name
UNKNOWN
Legal Subdivision Name
UNKOWN

Location

Listing Courtesy of KAIZEN Realty, LLC
Add your commute
LISTING UPDATED: 12/07/2023 11:43 AM

Property Details for 311 West Market Street

StatusActive
MLS #10154034
Days on Market265
Taxes$2,762 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Complex
Year Built1958
Lot Size1.13 AC / 49,280 SF
CountyFayette County

Location

Listing Courtesy of KAIZEN Realty, LLC
Add your commute

Building Information for 311 West Market Street

Stories1Residences16Year Built1958Building Size-Lot Size1.13 AC / 49,280 SF

Payment Calculator

$5,660 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$230

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 311 West Market Street

Summary
Location and General Information
  • Address: 311 MARKET ST W
  • Address Search Number: 311
  • Directions: From Hwy 64 turn North on N Somerville St then make the next left onto W Market St. Property consists of the three buildings on the left.
  • Map Coordinate: A
  • MLS Map Num: Oakland (East)/Somerville
Taxes and HOA Information
  • Hot Water: Electrical, Individual System
  • LVT Date: 08-09-2023
Property
Lot Information
  • Lot Size: 385X128
  • Parcel ID: 090C 090B A02300
  • Zoning: R3
Property and Assessments
  • Foundation: Conventional/Crawl Space
  • Percent Occupancy: 87
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Floors/Ceilings: Vinyl Floor, Wood Laminate Floors, Dry Wall
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 16
  • Num of 2 Bedroom Units: 0
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 3
  • Num Other Units: 0
  • Annual Land Lease Payment: $0
  • Annual Misc Income: $0
  • Assumption: No Assumption
  • Average Annual Utilities: $0
  • Construction: Vinyl Siding
  • Cooling Systems: Central
  • Existing Financing: Clear
  • Gross Potential Annl Rent: $105,600
  • Heating Systems: Central, Gas
  • Laundry: None
  • Operating Expenses: Management, Insurance, Repairs/Maintenance, Taxes
  • Parking Facility: Asphalt/Blacktop
  • Possession: At Closing
  • Sale Includes: Building and Land, No Furnishings, No Appliances
  • Source Of Info: Owner, Estimated, Projected, Current Records, Leases, Rent Roll
  • Tenant Pays: All Utilities, Gas, Electric, Water/Sewer
  • Type Units: 1 BR - 1 Bath, Unfurnished

Property History for 311 West Market 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 311 West Market Street

Taxable ValueLand$10,440Additions$136,320Total$146,760
Tax Record2022$2,762 ($230 / month)
Home Facts
Total Finished SqFt1,760 SqFtAbove Grade Finished SqFt1,760 SqFtStories1Lot Size46,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1958Year Renovated1997CountyFAYETTEAPN024090C A 02300

Schools near 311 West Market Street

This home is within Fayette County School District.
Rating
School
Type
Grades
Distance
Buckley-Carpenter Elementary School
Public - PK to 5
East Junior High School
Public - 6 to 8
Fayette Ware Comprehensive High School
Public - 9 to 12
Jefferson Elementary School
Public - PK to 5
Rating
School
Distance
Buckley-Carpenter Elementary School
PublicPK to 5

East Junior High School
Public6 to 8

Fayette Ware Comprehensive High School
Public9 to 12

Jefferson 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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Homes for Sale near Somerville

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More information about 311 West Market Street, Somerville, TN 38068

311 West Market Street is a multi-family home for sale in Somerville, TN 38068. This property was listed for sale on August 9, 2023 by KAIZEN Realty, LLC, it's currently listed at $995,000. It has been on the market for a total of 265 days and was last sold on July 28, 2021. This listing's school district is Fayette County School District. Nearby schools include Buckley-Carpenter Elementary School, East Junior High School and Fayette Ware Comprehensive High School. 311 West Market Street is a 0-bed, 0-bath, multi-family home built in 1958.

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 KAIZEN Realty, LLC