Philadelphia TN Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 4,746
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1960
- Baths:
- MLS#:
- 1279428
View additional info
Courtesy: NAI Koella l RM Moore
865-777-3030
ADDITIONAL INFORMATION
Sunrise Inn is currently operated as a daily/weekly/monthly rental. The property is ideally positioned for renovations and updates, resulting in increased revenue for investors. The seller enjoys 100% occupancy due to the property's convenient location and the lack of short-term rentals in the Philadelphia/Loudon area. Long-term occupancy history. Value add. Demonstrated need for short-term rentals in the area. One of the fastest growing counties in Tennessee. New Metal Roof in 2015. The seller also owns the .74-acre parcel across the street, which can be purchased for $100,000.
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Philadelphia Real Estate
The median home value in Philadelphia, TN is $215,200. This is lower than the county median home value of $363,300. The national median home value is $338,100. The average price of homes sold in Philadelphia, TN is $215,200. Approximately 63.91% of Philadelphia homes are owned, compared to 22.78% rented, while 13.31% are vacant. Philadelphia 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 Philadelphia real estate agent to arrange a tour today!
Philadelphia, Tennessee has a population of 923. Philadelphia is more family-centric than the surrounding county with 38.36% of the households containing married families with children. The county average for households married with children is 23.03%.
The median household income in Philadelphia, Tennessee is $63,882. The median household income for the surrounding county is $66,151 compared to the national median of $69,021. The median age of people living in Philadelphia is 32.2 years.
Philadelphia Weather
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 26.3 degrees. The average rainfall is approximately 53.6 inches per year, with 4.5 inches of snow per year.