197 - 207 Gum Hollow Rd Unit 197 - 207, Oak Ridge, TN 37830

$950,000

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List Price
$950,000
Price Change
▼ $48,000 1787465286
MLS#
1343898
Status
ACTIVE
Type
Single Family Residential
City
Oak Ridge
County
Roane
Year Built
1979

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.

Additional Information

Construction
Frame
Cooling
Central Air
Floors
Carpet, Laminate, Tile, Vinyl, Luxury Vinyl Plank
Garage
On Premise Parking
Lot Dimensions
443 x 244
Year Built
1979
Unit
197 - 207
Heating
Central, Electric
Num Of Units
6

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Calculator source: Real Geeks

Listing courtesy of NAI Koella l RM Moore.

Agent: Heidi Adams |

Office: NAI Koella l RM Moore |