101 Forrest Ave, Athens, TN 37303

$220,000 Asking Price

2 beds
2 baths
1,200  sqft
Built in 1991

This is an income producing townhouse that is located directly in the midst of Tennessee Wesleyan University which is home to over 1,100 students. Renting currently to a single tenant and producing $15,000 a year, there is still lots of room for income growth if desired or this would be a great first time home purchase for someone to then be used as a rental property later. The location naturally creates a high demand for long term rentals as the housing need in this area is always growing due to the surrounding community needs. This large open floor plan is perfect for multiple tenant situations to share living space or if you are a family with kids. The large wraparound counter space makes hosting and preparing meals a breeze. The real hardwood floors gives off an amazing comforting home like feeling, while the tile floors in the kitchen and bathrooms bring it all together. The newer back deck makes for enjoyable space for small BBQ's and outdoor gatherings. The Main bedroom up stairs is equipped with two walk in closets and the guest room is equipped with one walk in closet. Come see this wonderful home and take notice of all it has to offer including the many things that Athens city has to offer all within walking distance of the home. From all the college sporting events throughout the fall and spring, to the many summer programs held at the YMCA just up the street or even the small town lovely feel of the downtown shopping and dinning opportunities. Schedule your showing today must provide a 48 hr notice due to a renter in the building currently with small children. Realtor Owner selling.

Features & Amenities

Interior

General:
Walk-In Closet(s), Eat-in Kitchen
Appliances:
Dryer, Microwave, Range, Refrigerator, Washer
Basement:
Slab
Flooring:
Carpet, Hardwood, Tile
A/C:
true, Central Cooling
Heating:
true, Central, Ceiling, Electric
Fireplace:
Fireplaces: 0

Exterior

General:
Windows - Vinyl, Deck
Style:
Traditional
Parking:
None, Main Level

Construction

General:
Vinyl Siding, Other, Frame

Location

Originating MLS:
East Tennessee REALTORS® MLS
County:
McMinn County - 40

Lot

Zoning:
057I F 001.00
View:
Other, City

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
East Tennessee REALTORS® MLS

This listing courtesy of:
East Tennessee Properties, LLC

About Athens, TN

Housing

Number of Units
12,458
Median Home Value
$150,561
Median Rent
$554

32.39% of housing units are renter occupied.

10.17% are vacant.

Commute

Car
90.88%
Public Transportation
0.23%
Walk to Work
1.96%
Work from Home
6.66%
Other
0.26%

The median travel time to work is 20 minutes.

People

Population
27,335
Median Age
41.20
Median Household Size
2.51

Education

High School
34.73%
Associate’s Degree
7.36%
Bachelor’s Degree
13.35%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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