About This Home
This 0-bedroom, 0-bathroom commercial at 117 E Wood St in Paris, TN is listed for $485,000 ($108 per sqft). Built in 1920, the home offers 4,501 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1920
- 0.11 acre lot
Property Details
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.
Monthly Cost Estimate
$2,594/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
117 E Wood St
Paris, TN 38242
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 117 E Wood St is listed at $485,000 ($108/sqft). The estimated monthly payment is $2,593 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.11 acre lot.
This property is listed by Alexandria Stout and can be reached at 7313630995.
