$475,000

Call Now: (615) 542-3902

511 Elizabeth St
  • MLS Number: 2558919
  • Status Active
  • Approx. Sqft: 5028.00
  • Bedrooms: 0
  • Full Baths: 0
  • Half Baths: 0
  • Acres: 0.4700
  • Lot Size: 0.4700
  • Parking: 9.00
  • Subdivision: none
  • Stories: 2
  • Year Built: 1935
  • Zoning: Commercial
  • 511 Elizabeth St
    Shelbyville, TN 37160
  • Elementary School: Learning Way Elementary
  • Middle School: Harris Middle School
  • High School: Shelbyville Central High School
Courtesy of: Benchmark Realty, LLC

Remarks

Money making investment property. 6 apartments. Approximate square footage for main house is 4244 & the external unit is approximately 784 sq ft for a total of 5028 sq ft. 6 units were renovated before the current owner purchased. Current owner has re-renovated 5 of the 6 units. Updated paint, flooring, appliances and hvacs. 4 of the 6 units are rented at the time of this listing. Seller is keeping Unit A (2 bedroom) open until it sells if an investor wants to live there & rent the other 5 units. No central air, most units have energy efficient mini split wall units for heat and air (see photos). Owner pays for water in all units. 4 units tenant pays electric, 2 owner pays electric. Gas meter on property but not used. Seller says operating expenses includes their current mortgage.

Rooms

Property Inquiry

Craig Milner

Craig Milner
Realtor, Multi Million Dollar Producer
  • Mobile: 615-542-3902
  • Office: 615-371-1544 0
  • Email: craig@themilnergroupproperties.com

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