506 Ellis St Active Save Request In-Person Tour Request Virtual Tour
Jefferson City,TN 37760
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 40,852 sqft
Price per Sqft $119
MLS Listing ID 1288106
Originating Board East Tennessee REALTORS® MLS
Year Built 1981
Lot Dimensions na
Property Description
Presenting Maplecrest Square Apartments. These 34 units are 100% occupied and centrally located in Jefferson City, Tennessee. Sixteen units are 2 bed / 1.5 bath and eighteen are 2 bed / 2.5 bath townhouse style units. The property has historically been fully occupied and there is ability to further increase rents. Significant capital expenditures totaling $492,000 have been made with 23 of the 34 units being recently renovated. All roofs were replaced in 2018 and 2021. The townhomes are individually metered for electric and water / sewer with tenants paying all utilities. The flat style units are individually metered for electric with water / sewer on one meter. The water / sewer bills for the flat style units are billed back to the tenants. There are washer / dryer hookups in each unit. Additionally, there is a bark park and picnic area on site.
Location
State TN
County Jefferson County - 26
Rooms
Other Rooms Other
Interior
Heating Central,Other
Cooling Central Cooling
Flooring Laminate,Carpet,Vinyl
Heat Source Central,Other
Exterior
Parking Features On Premise Parking
Garage Description On Premise Parking
Roof Type Shingle
Garage No
Building
Faces From Russell Ave turn onto E Broadway Blvd (US-11E). After .3mi turn left onto Pearl Avenue. Go for .1mi then turn tight onto Ellis St. Property is on the right.
Structure Type Frame,Brick
Schools
Elementary Schools Jefferson
Middle Schools Jefferson
High Schools Jefferson County
Others
Tax ID 024H A 010.00
Energy Description Other Fuel
Acceptable Financing New Loan,Cash,Conventional
Listing Terms New Loan,Cash,Conventional