1. Tennessee
2. Elizabethton
3. 1411 West G Street

1411 West G Street, Elizabethton, TN 37643

Property Description

Turn-Key 9-Unit Multifamily Investment Across from West Side Elementary Welcome to 1411 W G Street, a fully stabilized and meticulously maintained 9-unit multifamily property ideally located in the heart of Elizabethton, Tennessee. Situated directly across from West Side Elementary School, this high-visibility, in-town location offers both convenience and long-term tenant appeal. The property has undergone numerous capital improvements, including a new roof installed approximately 18 months ago, updated electrical and plumbing systems, modern siding, and energy-efficient windows. Of the seven HVAC systems serving the building, five are only nine years old, ensuring low maintenance and comfortable living conditions for residents. The building is currently operating at 100% occupancy with zero delinquency, making it a truly turn-key investment opportunity. Tenants enjoy spacious, well-kept units and a location just minutes from downtown Elizabethton, retail centers, and public transit. The property sits on a 0.34-acre lot. Zoned for high-density residential or possible commercial use, this asset is ideally suited for investors looking for strong cash flow in a growing market. With all major systems updated and no immediate deferred maintenance, this is a rare chance to acquire a stabilized property with excellent in-place income. The current rent roll brings in $6040/month and will update to $6525 starting July 1st.

Listing Status:

Pending

Date Added:

June 20, 2025 at 05:00AM

Listing Office:

Century 21 Legacy : 423-282-1885

Listing Agent:

Skylar DeJesus : 423-302-8681

MLS ID:

9981280

Interior

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Skylar DeJesus, Century 21 Legacy