1,274 SqFt
1,274 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,274 sqft
Price per Sqft $184
MLS Listing ID 1323780
Year Built 1962
Lot Dimensions 70x190
Source East Tennessee REALTORS® MLS
Property Description
Each unit is a 1-bedroom, 1-bath layout, with approximately 427 sq ft in the two downstairs units and 416 sq ft in the upper unit. Interiors in need of updates, giving buyers the chance to modernize and add value. Unit 1 has had some updates to the bath, kitchen, and flooring. Utilities currently combined on 1 meter.
Exterior features include a 70' x 190' lot, driveway parking, a large rear deck, and a covered front porch. A metal roof was installed a few years ago, and the structure offers solid bones for improvement.
With projected rents around $750 per unit or more with renovations, this property provides strong potential cash flow. Its close proximity to town enhances rental demand, especially for affordable 1-bedroom units.
Whether you're an investor seeking value-add potential or a buyer looking to expand a rental portfolio, this multifamily property offers a rare chance to purchase three units for just $235,000 in a highly convenient location. An additional lot is available next door to be purchased with this property for an additional $30,000.
Location
State TN
County Cumberland County - 34
Rooms
Other Rooms Other
Interior
Heating Other, Electric
Cooling Other
Flooring Carpet, Vinyl
Appliance Range, Refrigerator
Heat Source Other, Electric
Exterior
Exterior Feature Deck, Porch - Covered
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Roof Type Metal
Garage No
Building
Faces Take Genesis Road from Crossville, turn left onto McLarty Lane. Property is on the right near the church on the left.
Structure Type Metal Siding,Frame,Other
Others
Restrictions No
Tax ID 100F B 017.01
Energy Description Electric
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
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