803 51 HWY N

Covington, TN
$ 295,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

GREAT Investment Opportunity. Current rental income is $23,600/year. One vacancy in back - would be ideal for mechanic, car wash, warehouse storage space, etc. Parking along front, side and gravel parking lot in back. Each building has separate electric and/or gas meters. Owner pays water for all. NOTE: Land and road frontage square footage is approximate. The three buildings were built at different times...Bldg 1 - 1960, Bldg 2 - 1979, Bldg 3 - 1962 (according to tax records.)

Commercial

  • Price
  • $ 295,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1960
  • Half Bathrooms
  • 0
  • City, Zip
  • Covington
  • Taxes
  • $ 4067
  • County
  • TIPTON
  • Style
  • Auto Service,Retail,Special Purpose,Warehouse
  • Area
  • Tipton - North
  • MLS#
  • 10081284
  • Zip
  • 38019
Listing Provided by: Covington Realty & Auction LLC
Data Source: Memphis Area Association of REALTORS

Features

General

Area 623C
City Covington
Class Commercial/Industrial
Legal Subdivision Name N/A
Listing Area Tipton - North
Miscellaneous Security System, Rest Rooms, Inside Storage
Road Frontage US Highway
Roof Metal, Pitched
Service Type Full Service Listing
Status Active
Status Active
Stories 1
Type Commercial
Year Built 1960

Interior Features

Cooling System Central Cooling
Floors Other Flooring
Heating Central, Electric, Gas, Space Heater
Hot Water Electric Hot Water, Public Sewer, Public Water

Exterior Features

Sale Includes Building and Land
Foundation Slab
Lot Size 90X275 IRR
Number of Buildings 3
Parking Facility Asphalt/Blacktop, Attached, Gravel
Road Frontage (ft) 106

Amenities

  • 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

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Bartlett, TN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/24/2020 Listed $295,000

Property vs Zip Code Average in 38019

Price
AVG $270K
$300K
Taxes
AVG $3,075
$4,067
Visits
AVG 42
82
Year Built
AVG 1955
1960
Walkscore
AVG 67
61
Data Provided by Walkscore ® not using MLS data

Map

803 51 HWY N Covington, TN is a Single Family Home for sale at $295000 and a lot size of Acre(s). 803 51 HWY N Covington has 0 bedrooms, 0 baths and was built in 1960. The property's zip code is 38019 which is in Covington, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.