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447 W Main St 1794 Unit Apartment Building $234,000 ($130/Unit) Bradford, TN 38316

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INVESTMENT HIGHLIGHTS

  • All units have had HVAC replaced January 2025
  • Cozy kitchen, carpet and vinyl flooring
  • Near manufacturing center, and employment hubs
  • Spacious fenced backyard — ideal for gardening, pets, or relaxing

EXECUTIVE SUMMARY

Fixer -Upper-Add Value and Increase ROI! Attention Investors and value-add buyers! This income- producing quadplex is a prime opportunity to renovate and maximize returns. Featuring four rental units, this property already has brand new HVAC systems installed, reducing major mechanical cost. With some TLC, this fixer-upper can become a high- yield investment in a sought after rental market.
Strone Rental Potential- Generate income while increasing property value. Great for Fix & Hold or BRRRR Strategy.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $234,000
Price Per Unit $130
Sale Type Investment
No. Units 1794
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Office Office Residential
  • Multifamily Dormitory
Building Class C
Lot Size 0.58 AC
Building Size 3,617 SF
Average Occupancy 100%
No. Stories 1
Year Built 1966
Parking Ratio 3.32/1,000 SF
Zoning Commercial - Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Family Room

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1344 $350.00 1
3+1.5 450 $450.00 1
  • Listing ID: 34976918

  • Date on Market: 2/28/2025

  • Last Updated:

  • Address: 447 W Main St, Bradford, TN 38316

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