542 Ashe Avenue

542 Ashe Avenue

New Johnsonville, TN 37134

$1,895,000
Price
4
Beds
2
Baths
18,720 Sq. Ft.
$101 / Sq. Ft.
18,720
Sq. Ft.
$101
per Sq. Ft.
a view of an ocean
a view of a house with a big yard and large trees
a view of a green field
a view of a house with a garden and yard
a view of a yard with a house in the background
an empty room with windows
an empty room with a window
a view of an empty room and a window
a kitchen with granite countertop a refrigerator and a sink
a utility room with a sink a vanity and mirror
a white refrigerator freezer and a stove sitting inside of a kitchen
a kitchen with a refrigerator and a sink
a bathroom with a sink a toilet and shower
an empty room with windows
a view of an empty room
an empty room with a window
a view of an empty room
a view of an empty room
a view of an empty room with a window
a view of an empty room with a window
a view of a kitchen with window
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove
a kitchen with cabinets appliances and wooden floor
a kitchen with a sink and a refrigerator
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
a bathroom with a toilet a sink a mirror and shower
an outdoor space with furniture and garden
an empty room with chandelier fan and windows
a view of an empty room and chandelier fan
an empty room with windows and fan
an empty room with chandelier fan
a view of yard with tree in front of it
a view of a big house with a big yard and large trees
a view of a big yard and a big yard
a view of a big yard with a big yard and large trees
a view of a house with a yard
a car parked in front of a house next to a yard
a sign that is sitting in the grass
a view of a street with a car parked
a front view of a house with a yard and garage
a view of a house with a yard
a view of a cars parked in front of a building
a view of a field with an apartment building in the background
a view of yard with swimming pool and green space
a aerial view of a house with swimming pool and green space
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a view of an outdoor space

Description

Welcome to your next lucrative investment venture in the heart of New Johnsonville! This 24-unit apartment complex offers you the perfect opportunity to grow your real estate portfolio and maximize your returns. With spacious two-bedroom, one-bath units and proximity to the area's largest employers, this is a promising value-add property with a built-in revenue potential. Select units have been tastefully updated with new vinyl floors, fresh paint, and modern appliances, providing an attractive incentive...Welcome to your next lucrative investment venture in the heart of New Johnsonville! This 24-unit apartment complex offers you the perfect opportunity to grow your real estate portfolio and maximize your returns. With spacious two-bedroom, one-bath units and proximity to the area's largest employers, this is a promising value-add property with a built-in revenue potential. Select units have been tastefully updated with new vinyl floors, fresh paint, and modern appliances, providing an attractive incentive for prospective tenants and rent increases. With a combination of updated units and rent increases in progress, this property offers substantial income growth potential. Additionally, the location's strong demand for housing, thanks to the proximity to major employers, makes it an ideal investment for long-term financial security. The included property management company is well-versed in the intricacies of the complex, enabling a smooth transition for the new owner. Don't miss out!
  1. Listed by Catherine Jones • Realty Executives Hometown Living • 6153196360
  2. Listed by Paul Bullington • Realty Executives Hometown Living

Property Details for 542 Ashe Avenue

Subdivision Name
Lakeside Manor Apartments
Waterfront
No

Location

Listing Courtesy of Realty Executives Hometown Living, Catherine Jones (615.319.6360); Realty Executives Hometown Living, Paul Bullington (615.492.4663)
Add your commute
LISTING UPDATED: 02/28/2024 10:44 AM

Property Details for 542 Ashe Avenue

StatusActive
MLS #2592966
Days on Market170
Taxes$6,928 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size-
CountyHumphreys County

Location

Listing Courtesy of Realty Executives Hometown Living, Catherine Jones (615.319.6360); Realty Executives Hometown Living, Paul Bullington (615.492.4663)
Add your commute

Building Information for 542 Ashe Avenue

Stories2Residences24Year Built1969Building Size-Lot Size-

Payment Calculator

$10,919 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,342

Property Taxes

$577

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 542 Ashe Avenue

Summary
Location and General Information
  • Directions: From Waverly, Hwy 70 West to New Johnsonville, turn left on Long Street, turn right on Ashe
  • Elementary School: Lakeview Elementary
  • High School: Waverly Central High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Lakeview Elementary
  • Mlg Can View: Yes
  • Zoning: Commercial
Parking
  • Garage Spaces: .00
  • Parking Features: Asphalt, Parking Lot, Unassigned
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Laminate, Vinyl
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 091G C 01800C001
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Brick
  • Documents Count: 1
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Security Features: Smoke Detector(s)
  • Stories: 2
  • Year Built Details: APROX
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Electric, Other
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: None
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Shingle
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 24
Unit 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Rental Information
Rental Information
  • Total Actual Rent: $1,500

Property History for 542 Ashe Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 542 Ashe Avenue

Taxable ValueLand$3,850Additions-Total$3,850
Tax Record2023$96 ($8 / month)
Home Facts
Beds0Lot Size111,078 SqFtStyleResidentialCountyHUMPHREYSAPN043091G C 01900

Schools near 542 Ashe Avenue

This home is within Humphreys County School District.
Rating
School
Type
Grades
Distance
Lakeview Elementary School
Public - PK to 8
Waverly Central High School
Public - 9 to 12
Waverly Jr High School
Public - 4 to 8
Waverly Elementary School
Public - PK to 3
Rating
School
Distance
Lakeview Elementary School
PublicPK to 8

Waverly Central High School
Public9 to 12

Waverly Jr High School
Public4 to 8

Waverly Elementary School
PublicPK to 3

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 542 Ashe Avenue, New Johnsonville, TN 37134

542 Ashe Avenue is a multi-family home for sale in New Johnsonville, TN 37134. This property was listed for sale on November 6, 2023 by Realty Executives Hometown Living, it's currently listed at $1,895,000. It has been on the market for a total of 170 days and was last sold on January 6, 2021. This listing's school district is Humphreys County School District. Nearby schools include Lakeview Elementary School, Waverly Central High School and Waverly Jr High School. 542 Ashe Avenue is a 4-bed, 2-bath, 18,720 sqft multi-family home built in 1969.

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 Realty Executives Hometown Living, Catherine Jones (615.319.6360); Realty Executives Hometown Living, Paul Bullington (615.492.4663)

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: 02/28/2024 10:44 AM