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Listed by Kelly Kellett • Blue Cord Realty, LLC
$ 350,000
Est. payment | /mo
2,668 SqFt
$ 350,000
Est. payment | /mo
2,668 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,668 sqft
Price per Sqft $131
MLS Listing ID 2800728
HOA Y/N No
Year Built 1965
Annual Tax Amount $1,512
Lot Dimensions 8,712
Property Description
Investment Opportunity in a Growing Area! Don't miss this fantastic opportunity to own a newly renovated triplex in a neighborhood experiencing rapid growth and revitalization! With one vacant unit, this property is perfect for a VA buyer looking to occupy while benefiting from rental income. Each unit features 2 bedrooms, 1 bathroom, central heat and air, and washer/dryer connections for added convenience. Kitchens come equipped with a stove and refrigerator, making them move-in ready for tenants. Renovations were completed in 2024, ensuring modern updates and appeal (please ask for P&L so detailed report can be provided). All units have market rent rate of $895/month plus a $55 monthly water fee. With the area's continued development, this is the perfect time to invest in a property that offers immediate income potential and long-term value appreciation. Will consider Owner Financing. Price is firm at $350,000 with a $30,000 down payment. The interest rate will be fixed at 5.5% amortized over 30 years with a balloon at the end of year 7. Schedule a showing today! PLEASE DO NOT BOTHER TENANT(S).
Location
State TN
County Montgomery County
Zoning Multi Res.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Byrns Darden Elementary
Middle Schools Kenwood Middle School
High Schools Kenwood High School
Others
Senior Community false
Special Listing Condition Standard
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