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7680 Hillsboro Hwy - Multi-family Income-producing property

3 Unit Apartment Building Offered at $699,900 in Hillsboro, TN 37342

Investment Highlights

  • Income-producing
  • Great location
  • Multi-family

Executive Summary

Opportunity is knocking!! Here's your chance to purchase income-producing properties. There are 3 buildings included in this sale: 7680 Hillsboro Hwy is a 2 unit property completely remodeled to include all appliances, stove, refrigerator, microwave, dishwasher and washer & dryer. Each are rented for $1400.00. Also includes 7696 Hillsboro Hwy, 3 bed / 1 bath brick home. Currently rented for $1300.00. There is also a nice building on property that can be converted to nice additional 3/2 rental; this square footage is not included in GBA.
Please DO NOT disturb tenants. No signage on property.
Manchester tourism figures: https://www.manchestertnchamber.org/tourism-snapshot.html
Manchester/Coffee county, Tennessee info: https://www.mtida.org/regions-listings/southern-middle-region/coffee-county

Property Facts

Price $699,900
Price Per Unit $233,300
Sale Type Investment
No. Units 3
Property Type Multifamily
Lot Size 1.00 AC
Building Size 4,000 SF
No. Stories 2
Year Built/Renovated 1900/2020

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $1,400 1,400
3+2 1 $1,300 1,300

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
101K-C-009.00
Land Assessment
$6,000
Improvements Assessment
$97,240
Total Assessment
$103,240
  • Listing ID: 31222234

  • Date on Market: 3/14/2024

  • Last Updated:

  • Address: 7680 Hillsboro Hwy, Hillsboro, TN 37342

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