116 & 122 Betterley Place Elizabethton, TN
$ 244,900
Property Attributes
  • MLS#9918769
  • TypeContingent
  • CountyCARTER
  • CityElizabethton
  • Zip37643
  • Style1 Story,2 Story,,Townhouse
  • Year Built1985
  • Taxes2056
  • Price$ 244,900
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size0.89 Acres
Listing Provided Courtesy Of:
Data Source:
Tennessee Virginia MLS
Property Description

Premium apartment complex, located just outside the City of Elizabethton. These well established and superbly maintained apartment units are owned by the original owner who built them and has consistently carefully screened tenants, making sure that the units are always in A-1 condition. Two buildings, one a one level duplex, the other three adjacent townhouse units. The duplex apartments each offer one bedroom and one bath. The three townhouse style units each offer one bedroom and 1 and 1/2 baths. Each unit features individual central heating and air conditioning units plus individual laundry facilities. Each unit is metered individually for electricity with the tenants paying their own electric bills. The townhouse units also are separately metered for water bills, but the duplex has one water meter with the owner paying the water bill which averages $50 per month. All five units are in excellent condition and have always been meticulously maintained. The owner has had long term tenants and has left the rents low to eliminate turnover. Current rents are $400 per month for each townhouses and $335 each for the duplex units. The units are greatly under rented in terms of prevailing rent prices, however, all tenants re on a month to month basis, allowing for a new owner to adjust the rents, bringing them in line with today's rental prices. For investors seeking quality rental property, this five unit complex is above average in terms of condition and is an excellent investment opportunity. The lot is large enough to accommodate at least one more unit on site, possibly tow, if a new owner chooses to add them. This is quality rental property for the smart investor. All info. taken from Tax Records. Buyer/Buyer's Agent to verify all.

Elementary School Middle School High School
Keenburg Elementary School Keenburg Middle School Elizabethton High School
Price History
2/25/2021 Listed $244,900

General Features

Appliances Electric Range, Refrigerator
Basement Crawl Space
Construction Site Built
Financing Cash, Conventional
Flooring Carpet, Vinyl
Heating Central, Electric, Heat Pump
Number of Buildings 2
Number of Units 5.00
Property Condition Above Average
Property SubType Multi-Family
Property Type D
Roof Architect Shingle, Asphalt
Sewer Septic Tank
Utilities Cable Available
Water Public
Zoning Residential

Interior Features

Interior Features Eat-in Kitchen, Open Floorplan, See Remarks, Smoke Detector(s)
Laundry Features Electric Dryer Hookup, Washer Hookup
Total Units 5
Walls Drywall

Exterior Features

Exterior Features Dock
Exterior Finish Wood Siding
Foundation Block
Lot Dimensions 283 X 142 X 292 X 130
Parking Features Asphalt, Parking Spaces
Porch/patio/deck Deck
Topography/lot Description Cleared, Level


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

Property vs Zip Code Average in 37643

AVG $200K
AVG $916
AVG 15
Year Built
AVG 1972

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