This is an income producing townhouse that is located directly in the midst of Tennessee Wesleyan University which is home to over 1,100 students. Renting currently to a single tenant and producing $15,000 a year, there is still lots of room for income growth if desired or this would be a great first time home purchase for someone to then be used as a rental property later. The location naturally creates a high demand for long term rentals as the housing need in this area is always growing due to the surrounding community needs. This large open floor plan is perfect for multiple tenant situations to share living space or if you are a family with kids. The large wraparound counter space makes hosting and preparing meals a breeze. The real hardwood floors gives off an amazing comforting home like feeling, while the tile floors in the kitchen and bathrooms bring it all together. The newer back deck makes for enjoyable space for small BBQ's and outdoor gatherings. The Main bedroom up stairs is equipped with two walk in closets and the guest room is equipped with one walk in closet. Come see this wonderful home and take notice of all it has to offer including the many things that Athens city has to offer all within walking distance of the home. From all the college sporting events throughout the fall and spring, to the many summer programs held at the YMCA just up the street or even the small town lovely feel of the downtown shopping and dinning opportunities. Schedule your showing today must provide a 48 hr notice due to a renter in the building currently with small children. Realtor Owner selling.
LAST UPDATED
|
11/30/2024
|
TRACT
|
Magnolia Manor
|
YEAR BUILT
|
1991
|
COMMUNITY
|
McMinn County - 40
|
COUNTY
|
McMinn County - 40
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
Jr. High School |
Athens |
High School |
Central |
Prior to Nov 30, '24
|
$220,000
|
Nov 30, '24 - Today |
$210,000 |
AIR |
Central Air |
AIR CONDITIONING |
Yes |
APPLIANCES |
Dryer, Microwave, Range, Refrigerator, Washer |
AREA |
McMinn County - 40 |
CONSTRUCTION |
Frame, Other, Vinyl Siding |
HEAT |
Ceiling, Central, Electric |
LOT |
6098 sq ft |
LOT DESCRIPTION |
Level, Rolling Slope |
PARKING |
None |
STYLE |
Traditional |
SUBDIVISION |
Magnolia Manor |
VIEW |
Yes |
VIEW DESCRIPTION |
Other, City |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for
to contact you even if your name is on a Federal or State
"Do not call List".
Listed with East Tennessee Properties, LLC
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2025. All rights reserved.
This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
This IDX solution is (c) Diverse Solutions 2025.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts