An investment opportunity awaits with this unique property featuring a main home featuring over 3600 square feet that has been torn out to the studs to re-work into what could be three separate apartments. Each with the possibility of having an open concept floor plan and having two bedrooms and two bathrooms. Each apartment could have around 1200 square feet per unit . Additionally there is a one bedroom apartment that is currently rented for $750.00 per month on a lease. Additionally there is a two car attached garage and 1 bay garage perfect for storage. This property features 216 feet of road frontage that could allow for additional driveway for parking. This home features brick construction and metal roof approximately 8 years old. This is a great investment that has a month cash flow potential easily around $4,000 per month. All information and square footage subject to buyer verification.
The median home value in Elizabethton, TN is $257,500. This is higher than the county median home value of $183,300. The national median home value is $338,100. The average price of homes sold in Elizabethton, TN is $257,500. Approximately 51.82% of Elizabethton homes are owned, compared to 36.8% rented, while 11.38% are vacant. Elizabethton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elizabethton real estate agent to arrange a tour today!
Elizabethton, Tennessee has a population of 14,112. Elizabethton is more family-centric than the surrounding county with 26.88% of the households containing married families with children. The county average for households married with children is 25.54%.
The median household income in Elizabethton, Tennessee is $39,927. The median household income for the surrounding county is $44,280 compared to the national median of $69,021. The median age of people living in Elizabethton is 39.6 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 43.8 inches per year, with 10.9 inches of snow per year.