Address
77 Farmview Circle Winchester, TN
Price
$ 1,080,000
Property Attributes
  • MLS#2304380
  • TypeMulti-Family
  • CountyFRANKLIN
  • CityWinchester
  • NeighborhoodFarmview Est
  • Zip37398
  • Style
  • Year Built2005
  • Taxes$ 8602
  • Price$ 1,080,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage1800
Listing Provided Courtesy Of:
Winton Auction & Realty Co. - 9319673650
Data Source:
RealTracs MLS (RTMLS)
Property Description

6 very well managed duplexes being sold together! Current annualized cap rate of 6% with room to raise rents. These properties are located in the City Limits of Winchester and are on city sewer, city water, and tenants enjoy municipal trash service. 4 of the duplexes are side by side and the other two are just around the corner. 5 out of the 6 duplexes have new roofs and roughly 7 of the units have new HVAC units. Owners have maintained good financial records.

Elementary School Middle School High School
Clark Memorial School Elementary School North Middle School Franklin Co High School
Price History
10/30/2021 Listed $1,080,000

General Features

Attached Garage No
Building Area Units Square Feet
Carport Y/N No
City Winchester
Construction Materials Vinyl Siding
Cooling Central Air
County Franklin County, TN
Directions From Winchester, take Hwy 130 towards Tullahoma. Turn Left on Utility Rd. Property addresses are: 39-41, 49-51, 61-63, 77-79 Farmview Circle and also 265-267 & 295-297 Utility Rd, Winchester TN
Elementary School Clark Memorial School
Flooring Laminate, Tile
Garage Y/N No
Grossincome 63055
Heating Central
High School Franklin Co High School
Levels One
Middle/Junior High School North Middle School
Net Operating Income 47733
New Construction No
Operatingexpense 15322
Possession Negotiable
Property Attached Y/N No
Property Type Residential Income
Roof Shingle
Sewer Public Sewer
Standard Status Active
Status Active
Stories 1
Street Name Farmview Circle
Subdivision Name Farmview Est Ph II
Tax Annual Amount 8602
Tenant Pays Electricity, Gas, Water
Total Actual Rent 2600
Total Units 12
Year Built 2005
Year Built Details EXIST
Zoning R2

Interior Features

Above Grade Finished Area 1800
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Air Conditioning Y/N Yes
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Fireplace Y/N No
Heating Y/N Yes
Living Area 1800
Living Area Units Square Feet
Livingareasource Assessor

Exterior Features

Building Area Total 1800
Inclusions APPLN
Lot Size Units Acres
View Y/N No
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 37398

Price
AVG $1.16M
$1.08M
Taxes
AVG $8,649
$8,602
Visits
AVG 175
110
Year Built
AVG 2009
2005