101 Forrest Avenue
Athens, TN 37303
$220,000
Price
2
Beds
1
Bath
1
1/2 Bath
1,200 Sq. Ft.
$183 / Sq. Ft.
1,200
Sq. Ft.
$183
per Sq. Ft.
Description
This is an income producing townhouse that is located directly in the midst of Tennessee Wesleyan University which is home to over 1,100 students. Renting currently to a single tenant and producing $15,000 a year, there is still lots of room for income growth if desired or this would be a great first time home purchase for someone to then be used as a rental property later. The location naturally creates a high demand for long term rentals as the housing need in this area is always growing due to...This is an income producing townhouse that is located directly in the midst of Tennessee Wesleyan University which is home to over 1,100 students. Renting currently to a single tenant and producing $15,000 a year, there is still lots of room for income growth if desired or this would be a great first time home purchase for someone to then be used as a rental property later. The location naturally creates a high demand for long term rentals as the housing need in this area is always growing due to the surrounding community needs. This large open floor plan is perfect for multiple tenant situations to share living space or if you are a family with kids. The large wraparound counter space makes hosting and preparing meals a breeze. The real hardwood floors gives off an amazing comforting home like feeling, while the tile floors in the kitchen and bathrooms bring it all together. The newer back deck makes for enjoyable space for small BBQ's and outdoor gatherings. The Main bedroom up stairs is equipped with two walk in closets and the guest room is equipped with one walk in closet. Come see this wonderful home and take notice of all it has to offer including the many things that Athens city has to offer all within walking distance of the home. From all the college sporting events throughout the fall and spring, to the many summer programs held at the YMCA just up the street or even the small town lovely feel of the downtown shopping and dinning opportunities. Schedule your showing today must provide a 48 hr notice due to a renter in the building currently with small children. Realtor Owner selling.
- Listed by Eric Best • East Tennessee Properties, LLC
Property Details for 101 Forrest Avenue
Architectural Style
Traditional
Sub division NameMagnolia Manor
ViewOther, City
Style TraditionalTrue
LISTING UPDATED: 09/14/2024 04:38 PM
Property Details for 101 Forrest Avenue
| Status | Active |
|---|---|
| MLS # | 1276544 |
| Days on Market | 75 |
| Taxes | $605 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Single Family / Residential |
| Year Built | 1991 |
| Lot Size | 0.14 AC / 6,098 SF |
| County | McMinn County |
Building Information for 101 Forrest Avenue
Stories-Year Built1991Building Size-Lot Size0.14 AC / 6,098 SF
Property Information for 101 Forrest Avenue
Summary
Location and General Information
- City: Athens
- County Or Parish: McMinn County - 40
- Directions: From Downtown athens take Green Street to Forrest Ave and the townhouse is the first townhouse on the right.
- Latitude: 35.44736
- Longitude: -84.592384
- MLS Area Major: McMinn County - 40
- MLS Area Minor: McMinn County - 40
- Postal Code: 37303
- State Or Province: TN
- View City: True
- View Other: True
- Location Tax Legal Info Area: McMinn County - 40
- Remarks Misc Directions: From Downtown athens take Green Street to Forrest Ave and the townhouse is the first townhouse on the right.
Parking
- Attached Garage: No
- Parking Features: None, Main Level
- Atchd Dtchd Type Attached: True
- Garage Parking Main Level: True
- Garage Parking None: True
School Information
- High School: Central
- Middle Or Junior School: Athens
- Location Tax Legal Info Elementary School: Athens City Primary
- Location Tax Legal Info Middle School: Athens
- Location Tax Legal Info High School: Central
Taxes and HOA Information
- Association Fee: 0.0
- Parcel Number: 057I F 001.00
- Location Tax Legal Info Total Tax: 604.56
- General Property Description HOA: No
Virtual Tour
- Virtual Tours Count: 0
Property
Lot Information
- Lot Size Area: 0.14
- Lot Size Units: Acres
- Lot Size Square Feet: 6098.4
- Year Built: 1991
- Lot Features: Level, Rolling Slope
- Building Area Total: 1200.0
- Living Area Source: Tax Records
- Lot Size Acres: 0.14
- Lot Size Source: Tax Records
- General Property Description SqFt - Main Lvl: 600.0
- General Property Description SqFt - Down Lvl: 0.0
- General Property Description SqFt - 2nd Flr Lvl: 600.0
- General Property Description SqFt - 3rd Flr Lvl: 0.0
- General Property Description SqFt - Source: Tax Records
- General Property Description Acres: 0.14
- General Property Description Acre Source: Tax Records
- General Property Description Site Built: Yes
- Lot Description Level: True
- Lot Description Rolling Slope: True
Property and Assessments
- Possession: At Closing
- Property Attached: Yes
- Property Type Label: Single Family
- Floor Plans Count: 0
- Property Type: Single Family
- Property Sub Type: Residential
- Possession At Closing: True
Utilities
- General Property Description Sewer: Public Sewer
- Fuel Electric: True
- Misc Features Internet Available: True
- Sewer Public Sewer: True
- Water Public: True
Interior and Exterior Features
Exterior Features
- Exterior Features: Windows - Vinyl, Deck
- Construction Materials: Vinyl, Other, Frame
- Siding Vinyl: True
- Exterior Features Deck: True
- Exterior Features Windows - Vinyl: True
Interior Features
- Beds Total: 2
- Baths Full: 1
- Baths Half: 1
- Fireplaces Total: 0
- Bathrooms Total Integer: 2
- Cooling Details: Yes
- Kitchen Appliances: Dryer, Microwave, Range, Refrigerator, Washer
- Fireplace Features: None
- Flooring: Carpet, Hardwood, Tile
- Heating: Yes
- Fireplace None: True
- Cooling Central Cooling: True
- Floors Carpet: True
- Floors Hardwood: True
- Floors Tile: True
- Basement Slab: True
- General Property Description Number of Bedrooms: 2
- General Property Description Number of Rooms: 7
- General Property Description Fireplace: No
- General Property Description Number of Fireplace: 0.0
- General Property Description Basement: No
- General Property Description Bonus Room: No
- General Property Description Extra Storage: Yes
- Heat Ceiling: True
- Heat Central: True
- Dining Area KitchenDining Rm Co: True
- Dining Area Living Room Dining Room: True
- Appliances Dryer: True
- Appliances Microwave: True
- Appliances Range: True
- Appliances Refrigerator: True
- Appliances Washer: True
- Other Rooms Extra Storage: True
- Other Rooms Laundry Utility: True
- Other Rooms Split Bedroom: True
- Misc Features Walk-in Closets: True
- Misc Features WasherDryer Connect: True
Room Information
Room
- Rooms Total: 7
Multi Family
Income & Expenses Information
- Contract Info Gross Amount Year: 15000
Rental
Rent Information
- Contract Info Occupancy: Permanent Residence
- General Property Description Restrictions: No
- Tenant Expenses Cooling: Central Cooling
- Tenant Expenses Heating: Central,Ceiling,Electric
Property History for 101 Forrest Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 101 Forrest Avenue
Taxable ValueLand$2,250Additions$26,675Total$28,925
Tax Record2023$605 ($50 / month)
Home Facts
Beds0Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories2Lot Size6,098 SqFtStyleTownhouseYear Built1991Year Renovated2007CountyMCMINNAPN054057I F 00100C000
Schools near 101 Forrest Avenue
This home is within Athens School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 6 to 8 | |||
| Public - | 3 to 5 | |||
| Public - | PK to 2 |
Rating | School | Distance |
|---|---|---|
Ingleside Elementary School PublicPK to 2 | ||
Athens City Middle School Public6 to 8 | ||
Westside Elementary School Public3 to 5 | ||
City Park Elementary School PublicPK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of East Tennessee Properties, LLC, Eric Best
The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 09/14/2024 04:38 PM