117 E Wood St, Paris, TN 38242

Property Description

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.