Fully occupied and newly remodeled mixed-use building featuring 2 residential apartments and 3 commercial units. Long term tenants and long-term leases with a strong 9.07% cap rate and minimal landlord responsibilities. In place NOI of $51,216, and gross income of $62,556. Ideal for investors seeking stable cash flow and turn key property.
Property Type(s):
Residential Income
|
Last Updated
|
11/20/2025
|
Tract
|
Pine Hill
|
|
Year Built
|
1979
|
Community
|
PAAR Area
|
|
County
|
Tazewell
|
SCHOOLS
Price History
|
Prior to Jun 20, '25
|
$599,000 |
|
Jun 20, '25 - Aug 6, '25 |
$590,000 |
|
Aug 6, '25 - Aug 28, '25 |
$589,000 |
|
Aug 28, '25 - Sep 17, '25 |
$588,000 |
|
Sep 17, '25 - Oct 28, '25 |
$587,000 |
|
Oct 28, '25 - Nov 10, '25 |
$580,000 |
|
Nov 10, '25 - Nov 20, '25 |
$570,000 |
| Nov 20, '25 - Today |
$569,000 |
Additional Details
| AIR |
Central Air, Zoned |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dryer, Range, Refrigerator, Water Heater |
| AREA |
PAAR Area |
| BASEMENT |
None |
| CONSTRUCTION |
Brick, Wood Siding |
| HEAT |
Forced Air |
| HOA DUES |
Monthly |
| LOT DESCRIPTION |
Level |
| LOT DIMENSIONS |
.44 |
| PARKING |
Parking Pad |
| SEWER |
Public Sewer |
| SUBDIVISION |
Pine Hill |
| TAXES |
7260.14 |
| WATER |
Public |
Listing provided by Tonya Crawford, R & R Realty, Office: 309-696-7628

Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/2/26 6:43 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS.
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