CharlseyChambers
BEDS0
BATHS
MLS#1343898
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
NEIGHBORHOODRoane County - 31
Property Description
6 units in booming Oak Ridge! This investor renovation opportunity is located in close proximity to the Oak Ridge Country Club in an established area of town. Five of the six total units are occupied at below market rent on short term leases providing an excellent opportunity to update the units as they are vacated and lease at market rents ($1,300 1 bed, $1,600 2 bed).One of the 6 units (2 bed 1.5 bath) has been fully renovated and is leased for $1,300 per month.Total annual proforma rents - $98,400.00.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Fuel Type: Electric
Heating: Central, Electric
Lot Size: 2.48 Acres
Year Built: 1979
Feature Descriptions
Days on Site: 146
Exterior: Frame
Flooring: Laminate, Carpet, Vinyl, Tile
Lot Dimensions: 443 x 244
Parcel #: 015K B 008.00
Parking: On Premise Parking
Units: 6
Listed By / Shown By
Listed By
Agency Name: NAI Koella l RM Moore
Shown By
Agent Name: Charlsey Chambers
Agent Phone: (865) 850-7972
Agency Title: Crye-Leike Real Estate Services
Source: East Tennessee REALTORS
Estimate Your Payment
Estimated Payment
$ 2,262.99 per month $2,000.78 Principal & Interest $0.00 Property Tax (data not provided by mls) $262.21 Homeowner's InsuranceChange Payment Information
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197 - 207 Gum Hollow Rd | MLS# 1343898
This multi-family property located at 197 - 207 Gum Hollow Rd, Oak Ridge, TN 37830 is currently listed for sale with an asking price of $899,000. Search Roane County - 31 real estate on cchambers.easttnliving.net today.