Property Description

SEVEN-UNIT MIXED-USE INVESTMENT OPPORTUNITY ON MAIN STREET! Located at 1724 Main Street in Tazewell, this property combines five residential apartments and two commercial spaces, offering multiple rental income sources and potential for future growth. Tax records indicate approximately 6,046 square feet of building area and a lot measuring approximately 58 x 75 feet.The second level includes a one-bedroom, one-bath apartment; a two-bedroom, one-bath apartment; a three-bedroom, one-bath apartment; and two studio apartments. The three-bedroom unit offers potential for a second bathroom, subject to feasibility and required approvals.Two occupied commercial spaces of approximately 1,000 and 700 square feet complement the residential rentals. Existing commercial leases may offer opportunities for future rental adjustments as lease terms and market conditions allow.With a Main Street location and a mix of residential and commercial uses, this property offers an opportunity to expand an investment portfolio or acquire a rental property with room for future improvements.Building square footage and lot dimensions are per tax records. Buyer and buyer's agent to verify all measurements, rental income, occupancy, lease terms, expenses, zoning, permitted uses and all other information deemed important.

Property Features