198 Ellis Street

Spring City, TN 37381

$179,000
Price
—
Beds
2,000 Sq. Ft.
$90 / Sq. Ft.
2,000
Sq. Ft.
$90
per Sq. Ft.

Description

Stop! Before you read any further go to YouTube and type in 198 Ellis St Spring City, TN. Check out the video tours then let's talk numbers! GREAT, AFFORDABLE INVESTMENT OPPORTUNITY. 2 buildings with 3 total rental units. Front unit is a recently updated 1000 sq ft space with 2 bedrooms, living area, kitchen and half bath. Seller is willing to negotiate converting the half bath back to a full bath. Back building has 2 500 sq ft units with 1 bedroom, 1 bath, living area and kitchen in each unit. These...Stop! Before you read any further go to YouTube and type in 198 Ellis St Spring City, TN. Check out the video tours then let's talk numbers! GREAT, AFFORDABLE INVESTMENT OPPORTUNITY. 2 buildings with 3 total rental units. Front unit is a recently updated 1000 sq ft space with 2 bedrooms, living area, kitchen and half bath. Seller is willing to negotiate converting the half bath back to a full bath. Back building has 2 500 sq ft units with 1 bedroom, 1 bath, living area and kitchen in each unit. These are very convenient and located in the Spring City Limits. Call for your appointment today!
  1. Listed by Angie Stumbo • simpliHOM

Property Details for 198 Ellis Street

Architectural Style
Other
Waterfront
No
LISTING UPDATED: 12/10/2024 10:09 AM

Property Details for 198 Ellis Street

StatusActive
MLS #1503113
Days on Market40
Taxes$1,518 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1973
Lot Size0.13 AC / 5,662 SF
CountyRhea County

Building Information for 198 Ellis Street

Stories1Residences3Year Built1973Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 198 Ellis Street

Summary
Location and General Information
  • City: Spring City
  • County Or Parish: Rhea
  • Directions: Hwy 27 North to Spring City. Just before 1st red light, take a right onto Ellis Street. Property is on the right.
  • Latitude: 35.688398
  • Longitude: -84.861488
  • Postal Code: 37381
  • State Or Province: TN
  • Subdivision Name: None
  • Road : Gravel: Yes
Taxes and HOA
  • Tax Legal Description: 031P C 001.01
  • Additional Parcels: No
  • Parcel Number: 031p C 001.01
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $1,518
School Information
  • Middle Or Junior School: Spring City
  • High School: Rhea County High School
  • Elementary School: Spring City
Parking
  • Garage: No
  • Attached Garage: No
Property
Lot Information
  • Lot Features: City Lot, Level
  • Lot Size Dimensions: 30 X 188
  • Lot Size Acres: 0.13
  • Living Area Source: Tax Records
  • Lot Size Square Feet: 5662.8
  • Building Area Total: 2000.0
  • Lot Size Units: Acres
  • Living Area: 2000.0
Property and Assessments
  • Property Type Label: Residential Income
  • New Construction: No
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 1973
  • Property Type: Residential Income
  • Property Sub Type: Triplex
Utilities
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Available
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Construction Materials: Block
  • Pool Features: None
  • Community Features: None
  • Parking Features: Gravel
  • Exterior Features: None
  • Roof: Asphalt, Shingle
  • Roofing : Shingle: Yes
  • Structures : None: Yes
Interior Features
  • Fireplace: No
  • Appliances: Refrigerator, Electric Range
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • Foundation Details: Slab
  • Cooling: Central Air, Varies by Unit, Window Unit(s)
  • Heating: Central, Multi Units
  • Levels: One
  • Flooring: Carpet, Laminate
  • Stories: 1
  • Green Features : Central Air: Yes
  • Foundation : Block: Yes
  • Cooling : Central: Yes
  • Bed/Bath : None: Yes
  • Floors : Carpet: Yes
  • Floors : Laminate: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Unit 1
  • Unit 1 Features : Den: No
  • Unit 1 Features : Efficiency: No
  • Unit 1 Features : Kitchen: Yes
  • Unit 1 Features : Microwave: No
  • Unit 1 Features : Refrigerator: Yes
Unit 2
  • Unit 2 : Bedrooms: 1
  • Unit 2 Features : Den: No
  • Unit 2 Features : Efficiency: Yes
  • Unit 2 Features : Separate Dining: No
Unit 3
  • Unit 3 : Bedrooms: 1
  • Unit 3 Features : Efficiency: Yes
  • Unit 3 Features : Living Room: Yes
  • Unit 3 Features : Separate Dining: No
Unit 4
  • Unit 4 : Bedrooms: 2
  • Unit 4 Features : Kitchen: Yes
  • Unit 4 Features : Living Room: Yes
  • Unit 4 Features : Separate Dining: No
Rental
Rental Information
  • Tenant Pays: All Utilities
  • Tenant Pays : None: Yes

Property History for 198 Ellis Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 198 Ellis Street

Taxable ValueLand$4,400Additions$35,280Total$39,680
Home Facts
Beds0Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtStories1Lot Size5,663 SqFtStyleSingle Family ResidenceYear Built1981CountyRHEAAPN031P C 00101

Schools near 198 Ellis Street

This home is within Rhea County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Spring City Elementary School
PublicPK to 5

Spring City Middle School
Public6 to 8

Rhea County High School
Public9 to 12

Rhea Middle School
Public6 to 8

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.

Similar Homes

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Similar Sold Homes

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198 Ellis Street is a multi-family home for sale in Spring City, TN 37381. This property was listed for sale on November 13, 2024 by simpliHOM, it's currently listed at $179,000. It has been on the market for a total of 40 days and was last sold on August 16, 2018. This listing's school district is Rhea County School District. Nearby schools include Spring City Elementary School, Spring City Middle School and Rhea County High School. 198 Ellis Street is a 0-bed, 0-bath, 2,000 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of simpliHOM, Angie Stumbo (423.342.5790)

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: 12/10/2024 10:09 AM