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1411 G Street, Elizabethton, TN 37643
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$659,000
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Home Details for 1411 G Street
Price
$659,000
Type
Multi Family
Year Build
1980
Lot Size
0.34
County
Carter
Basement
Crawl Space
MLS®️ Listing#
9981280
On exitrealty.com
170 days
Property Description
Turn-Key 9-Unit Multifamily Investment Across from West Side Elementary
Welcome to 1411 W G Street, a fully stabilized and meticulously maintained 9-unit multifamily property ideally located in the heart of Elizabethton, Tennessee. Situated directly across from West Side Elementary School, this high-visibility, in-town location offers both convenience and long-term tenant appeal.
The property has undergone numerous capital improvements, including a new roof installed approximately 18 months ago, updated electrical and plumbing systems, modern siding, and energy-efficient windows. Of the seven HVAC systems serving the building, five are only nine years old, ensuring low maintenance and comfortable living conditions for residents.
The building is currently operating at 100% occupancy with zero delinquency, making it a truly turn-key investment opportunity. Tenants enjoy spacious, well-kept units and a location just minutes from downtown Elizabethton, retail centers, and public transit. The property sits on a 0.34-acre lot.
Zoned for high-density residential or possible commercial use, this asset is ideally suited for investors looking for strong cash flow in a growing market. With all major systems updated and no immediate deferred maintenance, this is a rare chance to acquire a stabilized property with excellent in-place income. The current rent roll brings in $6040/month and will update to $6525 starting July 1st.
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- Cooling Information
- Central Air
- Wall Unit(s)
- Heating Information
- Central
- Water Features
- Public
- Parking
- Asphalt
- Basement
- Crawl Space
School Information
School Information for 1411 G Street
Elementary School
West Side
Middle School
T A Dugger
High School
Elizabethton
Listing Courtesy: Century 21 Legacy - 423-282-1885. Presented by: Skylar DeJesus
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 Tennessee Virginia Regional MLS. All Rights Reserved.
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Market statistics compiled from data from Tennessee Virginia Regional MLS.
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$659,000
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