Remarks

This is a fantastic investment opportunity! Ten 2-bedroom 1-bath units with laundry room, refrigerator, and electric stove. Low maintenance and well maintained. About half the units have vinyl plank flooring, and the other half have carpeting. Current rents are $800.00 per month. Yearly gross income $96,000.00. Each unit pays for all utilities. The owner provides dumpsters for trash, pest control service, and lawn care. Most of the property is in a 500-year flood zone; to this date, the property has never flooded. The owner is willing to finance.

Details

MLS#: 304408
Price: $1,350,000

Style: Multi Family
Sq Ft: 7800
Year Built: 2004

County: Sevier
Subdivision: Big River Overlook
Tax Fee: 4375.1199999999999

School Elementary: Catlettsburg Elementary
School Middle: Northview Junior Academy
School High: Northview Senior Academy