6 Baths
4,501 SqFt
4,791 Lot Size
1920 Year Built

Income-producing opportunity in Downtown Paris. This renovated 5-unit property offers approximately 4,501 square feet and generates around $50,000 in annual gross rental income. Major improvements include the roof, electrical, plumbing, lighting, HVAC systems, mini-splits, water heaters and commercial-grade waterproof flooring. Additional features include separate electric meters, a gated courtyard and private off-street parking. Built in 1920, the property combines historic character with extensive modern updates and multiple potential income streams. Ideal for an investor, 1031-exchange buyer or owner-occupant seeking space with supplemental rental income. Financial information, lease details and supporting documents may be made available to qualified buyers. Buyers should independently verify zoning, permitted uses, measurements and financial information.

Listed by Prosper Realty Group

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PROPERTY DETAIL

Key Details

Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4, 501 sqft
Price per Sqft $107
Subdivision Paris
MLS Listing ID 134986
Year Built 1920
Annual Tax Amount $1,749
Lot Size 4,791 Sqft
Property Sub-Type Commercial
Location

State TN
County Henry
Area Paris
Rooms

Basement None
Building

Lot Description 0-1.9 Acres, Corner Lot
Sewer Public Sewer
Water Public

Interior

Heating Central, Central Electric, Mini Split
Cooling Central Air, Mini Split
Flooring Vinyl
Inclusions Building & Land
Equipment Other
Window Features Display Window(s)
Exterior

Parking Features On Street, Private
Utilities Available Natural Gas Connected, Electricity Connected, Cable Available, Single Phase Power, Telephone Lines
View Y/N No
Water Access Desc Public
Roof Type Other
Garage No
Others

Acceptable Financing 90f44f339ec80f451e659588bf8d11f0
Listing Terms 90f44f339ec80f451e659588bf8d11f0
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