117 Faye St Spencer, TN ^$ 150,000

117 Faye St

^$ 150,000

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117 Faye St

Spencer, TN, 38585

^$ 150,000

Studio Baths0.0 Sq 1,300

Monthly Estimate*

^$ 1,048

117 Faye St, Spencer, TN 38585 - Image 1

117 Faye St, Spencer, TN 38585 - Image 2

117 Faye St, Spencer, TN 38585 - Image 3

117 Faye St, Spencer, TN 38585 - Image 4

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Studio

Commercial Property for sale in Spencer, TN

for $150,000. This 1,300 square foot building was built in 1957 on a lot size of 0.630854.

Looking for a new investment property? Look no further! This property is an active 24/7 service laundromat with 6 washers and 6 dryers. A 12x30 outbuilding on the property has been converted to a residential apartment with a long term renter paying in $350/month. Property also features solar panels that convey with the property.

Commercial Active

Price

^$ 150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 464

Style

Business w/Residential

Lot Size

0.630854

Year Built

1957

Town/City

Spencer

County/Region

Van Buren

MLS | Web ID

226106

Features

General

Possession AtClosing

County Van Buren

Levels 1

Status Active

Area Van Buren Co. TN

Directions From the VBC Clerk's Office: Turn R onto Taft Dr go for 0.1 miles. Turn left onto Billingsley St go for 0.2 miles turn Right on Faye St property is on the right.

* Excluded Features

List By

Madison Summers

Listing Agent

The Real Estate Collective Sparta

Broker

madison@letsgoreco.com

Affordability Calculator

$1,086

Per Month

Monthly Principal & Interest: $1,048
Monthly Property Taxes: $39
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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.

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Nearby

Trends
Schools

Commerical listings in Spencer, TN

Average List Price ^$308,363

Percent of Sale Price 106%

About Spencer, TN

1,520 Population

1% Since 2002

^$40,652 Median Income

45.38 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2633377 Elementary School

2633378 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2024	$150,000		Listed Price

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117 Faye St, Spencer, TN, 38585 is a Commercial Property for sale at $150,000 with 1,300 sqft and a lot size of 0.630854. 117 Faye St is a studio with 0.0 baths and was built in 1957. The property's zip code is 38585 which is in Spencer, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Upper Cumberland Association of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Upper Cumberland Association of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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117 Faye St

Commercial Property for sale in Spencer, TN

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