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$295,000
803 51 Hwy N, Covington, TN 38019
0 Beds
0 Baths
n/a sqft

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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.)
  • Price:
  • $295,000
  • Acreage:
  • 0.02
  • Year Built:
  • 1960
  • Listing ID #:
  • 10081284
  • Street Address:
  • 803 51 Hwy N
  • City:
  • Covington
  • State:
  • Tennessee
  • Postal Code:
  • 38019
  • County:
  • Tipton
  • Community:
  • 623c
  • Listing Status:
  • Active
  • Flooring:
  • Other Flooring
  • Foundation:
  • Slab
  • Miscellaneous Features:
  • Security System, Rest Rooms, Inside Storage
  • Stories:
  • 1
  • Total # Of Buildings:
  • 3
  • Type Of Roof:
  • Metal, Pitched
  • Year Built:
  • 1960
  • Annual Rent:
  • 23600
  • Lot Size:
  • 90x275 Irr
  • Lot Square Footage:
  • 1005
  • Road Frontage:
  • Us Highway
  • Days On Market:
  • 65
  • Financing Options:
  • Conventional
  • For Sale Or Lease?:
  • For Sale
  • Included In Sale:
  • Building And Land
  • Tenant Pays:
  • Heat, Electricity, Outside Lighting, Janitorial Services, Common Area Maintenance, Trash Removal, Fire Insurance, Glass Insurance, Liability Insurance
  • Cooling System:
  • Central Cooling
  • Heating:
  • Central, Gas, Electric, Space Heater
  • Water Heater:
  • Electric Hot Water, Public Sewer, Public Water
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Courtesy of Covington Realty & Auction LLC
  • MEMPHIS

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