This Multi-Family property has a very solid income potential It consists of 14 renovated units directly across from the Claiborne Medical Center. Main brick building has 8 units, the smaller building has 2 units, and the 2-story house has 4 units. Each unit has new Kitchen Appliances, new individual split Heat and Air systems, Flooring and Paint. Each unit has its own electric meter not shared. There is a laundry room with full Washer/Dryer hook-ups in the main building and in the House with 4 units. Units 1-3 are 1-bedroom/ Bath/Kitchen Unit 4 has 1-Bedroom/Bath/Kitchen+ a bonus room. Units 5-12 are 2-Bedroom/ Bath/ Kitchen Unit 13 is a 3-Bedroom/Bath/ Kitchen Unit 14 is a 2-Bedroom/Bath/Kitchen + bonus room. The area has a very small amount of rental property for residence and for the Medical Center. Because of the separation of the buildings, this is a great opportunity to house Doctors, Traveling Nurses, Students of LMU University, Families of patients and the local community.
The median home value in Tazewell, TN is $157,200. This is lower than the county median home value of $163,300. The national median home value is $338,100. The average price of homes sold in Tazewell, TN is $157,200. Approximately 55.21% of Tazewell homes are owned, compared to 37.85% rented, while 6.94% are vacant. Tazewell 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 Tazewell real estate agent to arrange a tour today!
Tazewell, Tennessee 37879 has a population of 2,541. Tazewell 37879 is more family-centric than the surrounding county with 36.79% of the households containing married families with children. The county average for households married with children is 32.64%.
The median household income in Tazewell, Tennessee 37879 is $40,113. The median household income for the surrounding county is $41,938 compared to the national median of $69,021. The median age of people living in Tazewell 37879 is 41.4 years.
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 48.8 inches per year, with 11.4 inches of snow per year.