1,925 SqFt
1,925 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,925 sqft
Price per Sqft $179
Subdivision Villa Hgts
MLS Listing ID 3611343
HOA Y/N No
Year Built 1988
Annual Tax Amount $3,060
Lot Dimensions 149x100
Property Description
Total monthly rent is $2700, with potential for future rent increases. Cap rate exceeding 7%.
Enjoy 100% occupancy with long term tenants in place from day one. Tenants are currently on a month to month lease, allowing the new homeowner a ton of flexibility to continue renting to the great tenants already in place or house hack and move in into one of units.
This property is an ideal opportunity for investors. Its low maintenance, all brick exterior sits on a flat half acre lot and has plenty of parking for each unit. It was updated three years ago, with a new roof, gutters, LVP flooring, fresh paint and other interior updates as well.
Each unit has one large bedroom and one full bathroom with an eat in kitchen and living room with great light throughout. One of the end units has the added bonus of an attached one car garage that is extra long and deep.
You don't want to miss the opportunity to add this triplex to your rental portfolio. Call and schedule a showing today!
Location
State TN
County Bradley County
Interior
Heating Electric
Cooling Electric
Flooring Other
Fireplace N
Exterior
Garage Spaces 1.0
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Other
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Other,Brick
New Construction false
Schools
Elementary Schools Candy'S Creek Cherokee Elementary School
Middle Schools Cleveland Middle
High Schools Cleveland High
Others
Senior Community false
Special Listing Condition Standard
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