316 West Chestnut Street

La Follette, TN 37766

$399,900
Price
Beds
2,062 Sq. Ft.
$194 / Sq. Ft.
2,062
Sq. Ft.
$194
per Sq. Ft.

Description

Welcome investors! 2 completely remodeled homes situated on approximately .84 of an acre. Both homes have been remodeled. Possible 2 additional lots located on the property for more homes. No restrictions! Both units currently rented. Unit #1 3bd/2ba Doublewide 1152 sqft. Unit #2 2bd/1ba Singlewide 910 sqft. Doublewide currently rents for $1500. Singlewide currently rents for $1000 but has rented for as high as $1200. Great opportunity for passive income. Possible other units available call list...Welcome investors! 2 completely remodeled homes situated on approximately .84 of an acre. Both homes have been remodeled. Possible 2 additional lots located on the property for more homes. No restrictions! Both units currently rented. Unit #1 3bd/2ba Doublewide 1152 sqft. Unit #2 2bd/1ba Singlewide 910 sqft. Doublewide currently rents for $1500. Singlewide currently rents for $1000 but has rented for as high as $1200. Great opportunity for passive income. Possible other units available call list agent for more details. Appointments required for showings. Do not walk up to properties and disturb tenants. 24 hour notice required for ALL showings. Proof of funds required for showings and all offers
  1. Listed by Christina Branham • Coldwell Banker Jim Henry

Amenities

  • Air Conditioning
  • Parking Included
  • Washer / Dryer in Unit

Location

Listing Courtesy of Coldwell Banker Jim Henry, Christina Branham
Add your commute
LISTING UPDATED: 04/04/2024 01:41 PM

Property Details for 316 West Chestnut Street

StatusActive
MLS #1258038
Days on Market32
Taxes$950 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built2006
Lot Size0.00 AC / 0 SF
CountyCampbell County

Location

Listing Courtesy of Coldwell Banker Jim Henry, Christina Branham
Add your commute

Building Information for 316 West Chestnut Street

Stories-Residences2Year Built2006Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$2,262 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,182

Property Taxes

$79

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 316 West Chestnut Street

Summary
Location and General Information
  • City: LaFollette
  • County Or Parish: Campbell County - 37
  • Directions: Jacksboro Pike to Cherry St. ** PLEASE READ Cherry St is a one way street so you will need to enter at the corner of Jacksboro Pike and Cherry St. Look for Pro Fix it Auto Repair
  • Latitude: 36.375395
  • Longitude: -84.123479
  • MLS Area Major: Campbell County - 37
  • MLS Area Minor: Campbell County - 37
  • Postal Code: 37766
  • State Or Province: TN
  • Location Tax Legal Info Area: Campbell County - 37
  • Remarks Misc Directions: Jacksboro Pike to Cherry St. ** PLEASE READ Cherry St is a one way street so you will need to enter at the corner of Jacksboro Pike and Cherry St. Look for Pro Fix it Auto Repair
Parking
  • Attached Garage: No
  • Parking Features: On Premise Parking, Side/Rear Entry
  • General Property Description Driveway: gravel
  • Garage Parking On Premise Parking: True
  • Garage Parking SideRear Entry: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: portion of 094B D 069.00
  • Location Tax Legal Info Total Tax: 950.29
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 2006
  • Building Area Total: 2062.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: -
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: -
Property and Assessments
  • Possession: 60 Days After Close
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession 60 Days After Close: True
Utilities
  • General Property Description UtilitiesMo Avg: 0.0
  • Fuel Gas (Natural): True
  • Misc Features Internet Available: True
  • Misc Features Wired for Internet: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Windows - Insulated
  • Construction Materials: Vinyl, Block
  • Siding Vinyl: True
  • Exterior Features Windows - Insulated: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Refrigerator
  • Flooring: Laminate, Tile
  • Heating: Yes
  • Cooling Central Cooling: True
  • Floors Laminate: True
  • Floors Tile: True
  • Heat Central: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Roof Metal: True
  • Misc Features WasherDryer Connect: True
Multi Family
Income & Expenses Information
  • Gross Income: $32,400.00
Multi-Family Information
  • Number Of Units Total: 2
  • Type of Units 2 Bedroom Unit: True
  • Type of Units 3 or more Bdrm Units: True
  • Type of Units Unfurnished: True
  • Income Expenses Gross Annual Income: 32400.0
Unit 1
  • Unit 1 Unit Number: 1
  • Unit 1 Beds Total: 3
  • Unit 1 Rent: 1500-1800
  • Unit 1 Squarefeet: 1154.0
  • Unit 1 Furnished: Unfurnished
  • Unit 1 Lease: Yes
Unit 2
  • Unit 2 Unit Number: 2
  • Unit 2 Beds Total: 2
  • Unit 2 Rent: 1200-1500
  • Unit 2 Squarefeet: 910.0
  • Unit 2 Furnished: Unfurnished
  • Unit 2 Lease: Yes
Rental
Rent Information
  • General Property Description Lease Information: Both Units currently rented. 3/2 - $1500 2/2 - $1000
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Electricity: True
  • Tenant Expenses Gas: True
  • Tenant Expenses Heating: Central,Natural Gas
  • Tenant Expenses Telephone: True
  • Tenant Expenses WaterSewer: True

Property History for 316 West Chestnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 316 West Chestnut Street

This home is within Campbell County.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lafollette Elementary School
PublicPK to 5

East Lafollette Learning Academy
Public6 to 12

Lafollette 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.

Similar Homes

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316 West Chestnut Street is a multi-family home for sale in La Follette, TN 37766. This property was listed for sale on April 3, 2024 by Coldwell Banker Jim Henry, it's currently listed at $399,900. This listing's school district is Campbell County. Nearby schools include Lafollette Elementary School, East Lafollette Learning Academy and Lafollette Middle School. 316 West Chestnut Street is a 0-bed, 0-bath, 2,062 sqft multi-family home built in 2006.

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 Jim Henry, Christina Branham

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: 04/04/2024 01:41 PM