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    2 White St Athens, TN 37303-3547
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    Property profile & analytics

    2 White St, Athens, TN 37303-3547

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    • Banks
    • 4,830 SF
    • 0.05 lot acres
    Off-Market
    Last Sale May 13, 2022
    $300,000
    Property ID
    US80-3279894
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Creekside Massage And Yoga / Alternative Medicine Practice / Spa & Massage Center
    • Treasure's Jewelers Athens / (Bike/Boat/Book/etc) Store

    Property Details for 2 White St

    Year built
    1908
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.05 lot acres
    Property type
    Banks
    APN
    054056M C 04500
    APU
    054056MC04500

    Description

    This exceptional mixed-use property at 2 N White Street in Athens, Tennessee presents a lucrative investment opportunity. The 3,780 square foot building sits on a 0.05-acre lot at a prime corner location at the intersection of Jackson Street and Courthouse Square. The property boasts a strong rental history with immediate income potential for the new owner. The main level features a street-level storefront currently leased to a children's clothing store for $1,500 per month. Upstairs, the building includes two renovated two-bedroom apartments, each generating $1,200 in monthly rent. Additionally, a newly renovated one-bedroom apartment on the ground floor provides an additional $800 in monthly rental income. This translates to a substantial total monthly rental income of $4,100. The previous owner completed significant renovations, updating the storefront space and the apartments to a high standard. The property's excellent location and strong tenant occupancy make this a rare find in the Athens market. Serious inquiries should provide adequate notice to allow for tenant scheduling. This is a turnkey investment ready to generate immediate returns.


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    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Mcminn
    State
    Tennessee
    Longitude
    -84.5936
    Latitude
    35.4422
    CBSA code
    11940
    CBSA name
    ATHENS, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,575
    $3,360
    $119,840
    $123,200
    -
    $8,400
    $299,600
    $308,000
    More about this property
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