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803 51 Hwy N

Covington, TN 38019
  • $295,000
  • STATUS: Active
  • ON SITE: 331 days
  • ID#: 10081284
UPDATED: 31 min ago
$295,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Ratings & Info

Description

GREAT Investment Opportunity. Current rental income is $23,600/year. One vacancy in back - would be ideal for mechanic, car wash, warehouse storage space, etc. Parking along front, side and gravel parking lot in back. Each building has separate electric and/or gas meters. Owner pays water for all. NOTE: Land and road frontage square footage is approximate. The three buildings were built at different times...Bldg 1 - 1960, Bldg 2 - 1979, Bldg 3 - 1962 (according to tax records.)

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© 2021 Memphis Area Association of REALTORS®. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryan Realty Group. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-06-21T12:03:27.913.
www.bryanrealty.com/homes/108189051
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803 51 Hwy N Covington, TN 38019

  • Price: $295,000
  • Status: Active
  • Updated: 31 min ago
  • ID#: 10081284
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1960
Built
Neighborhood:
See Deed.
County:
Tipton
Area:
Tipton - North
Property Description
GREAT Investment Opportunity. Current rental income is $23,600/year. One vacancy in back - would be ideal for mechanic, car wash, warehouse storage space, etc. Parking along front, side and gravel parking lot in back. Each building has separate electric and/or gas meters. Owner pays water for all. NOTE: Land and road frontage square footage is approximate. The three buildings were built at different times...Bldg 1 - 1960, Bldg 2 - 1979, Bldg 3 - 1962 (according to tax records.)
Exterior Features

Buildings 3 Land Sq Ft 1005 Location CityCorner Lot Size 90X275 IRR Parking Facility Asphalt/BlacktopAttachedGravel Road Frontage Us Highway Road Frontage Feet 106 Roof MetalPitched Truck Loading Door Height 4-6 Doors9-12 Feet

Interior Features

Average Ceiling Height 8-10.9 Feet Cooling System Central Cooling Floors Other Flooring Foundation Slab Heating System CentralElectricGasSpace Heater Hot Water Electric Hot WaterPublic SewerPublic Water

Property Features

Actual Annual Rent 23600 Annual City Tax 1442 Annual County Tax 2625 Commercial Type Commercial Contingency Type No Contingency Existing Financing Clear Information Available Leases Legal Subdivision Name N/A Miscellaneous Inside StorageRest RoomsSecurity System New Financing Conventional Possession Lease Possession At ClosingTenants Rights Sale Includes Building And Land Tenant Pays Common Area MaintenanceElectricityFire InsuranceGlass InsuranceHeatJanitorial ServicesLiability InsuranceOutside LightingTrash Removal Type Usage Auto ServiceRetailSpecial PurposeWarehouse

Listing information © 2021 Memphis Area Association of REALTORS®.
Listing provided courtesy of Covington Realty & Auction Llc.



© 2021 Memphis Area Association of REALTORS®. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryan Realty Group. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-06-21T12:03:27.913.
 
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Bryan Realty Group
1850 Poplar Crest Cove, Suite 104
Memphis TN, 38119