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Property profile & analytics

2 White St Athens, TN 37303

  • Banks
  • 4,830 SF
  • 0.05 lot acres
For Sale
Last Sale
May 13, 2022
$300,000
Value Estimations
Cap Rate Potential
Location Intelligence
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.

Current Use by Public Records

  • Creekside Massage And Yoga / Massage Therapist
  • Treasure's Jewelers Athens / Jewelry Store

Property Details for 2 White St

Year built
1908
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.05 lot acres
Property size
4,830 SF
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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $295,000
    ML approach
    $285,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $199,000
    Market price range: $199k - $435k

Get a detailed, property-specific valuation — fast and free


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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