4
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$200,000
Est. payment /mo
Active
111 WILSON - AVE #107 Brownsville, TN 38012
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10228367
Year Built 1943
Annual Tax Amount $3,292
Property Sub-Type Commercial
Property Description
Prime Downtown Brownsville Investment Opportunity! Welcome to this versatile 5,847 sq ft commercial building located in the heart of Brownsville's historic district. This property features three spacious units, with two of the spaces currently leased and generating steady income. The flexible floor plan is ideal for a variety of uses, including retail, office, or service businesses. Key Features: • Three separate units with private entrances—perfect for multiple tenants or owner-occupant use. • Two units leased with a combined monthly rental income of $1,150. The third larger unit ready for immediate lease. At full capacity, the property has the potential to achieve an estimated 8% (+) cap . ate based on projected rental income, offering solid income potential for investors seeking increased cash flow.
Location
State TN
County Haywood
Area Haywood County
Interior
Heating Central
Cooling Central Cooling
Flooring Other Flooring, Partial Carpet
Inclusions Building and Land
Exterior
Parking Features Offsite/Street
Roof Type Composition Shingles
Building
Story 1
Foundation Slab
Water Electric Hot Water
Listed by Lee Anne Crisp • Epique Realty
NEARBY SCHOOL & BUSINESS
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