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Listed by Martha Durham • Red Realty, LLC
$ 800,000
Est. payment | /mo
5,760 SqFt
$ 800,000
Est. payment | /mo
5,760 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $138
MLS Listing ID 3615617
Year Built 1969
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Unimproved Land
Property Description
Great Investment Opportunity! Don't miss this opportunity to own a four-unit income-producing property with established tenants and consistent rental history! All four units are currently rented at $650 per month each, generating $2,600 in monthly rental income and $31,200 annually.
The property has an excellent occupancy history, with the seller reporting virtually no vacancies and minimal tenant turnover. Current rental rates offer potential for increased income, making this an attractive opportunity for investors looking to expand their portfolio.
Additional highlights include a roof approximately 8 years old and HVAC systems of varying ages, with most being less than 5 years old.
Whether you're an experienced investor or looking to begin building your rental portfolio, this property offers immediate income with potential for future growth.
Schedule your showing today and explore the possibilities!
The property has an excellent occupancy history, with the seller reporting virtually no vacancies and minimal tenant turnover. Current rental rates offer potential for increased income, making this an attractive opportunity for investors looking to expand their portfolio.
Additional highlights include a roof approximately 8 years old and HVAC systems of varying ages, with most being less than 5 years old.
Whether you're an experienced investor or looking to begin building your rental portfolio, this property offers immediate income with potential for future growth.
Schedule your showing today and explore the possibilities!
Location
State TN
County Sullivan County
Zoning Commercial
Interior
Fireplace N
Others
Special Listing Condition Standard
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NEARBY SCHOOLS & PROPERTIES
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