BEDS0
BATHS6 full
SQUARE FEET3,634
MLS#20260110
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
Property Description
Is it time to grow your portfolio? This unique package includes four (4) properties situated on approximately 2 acres in Cleveland, offering strong income potential and multiple avenues for value-add.The property features a duplex built in 2013, offering 2 bedrooms and 1 bath per unit, fully occupied. Also included is a 2 bedroom / 1 bath home, remodeled approximately 5 years ago, plus a single-wide mobile home with 3 bedrooms and 2 full baths. In addition, there is a block commercial-style building with an estimated 1,980 sq. ft., formerly an auto paint shop, complete with office space, restroom, covered exterior area, four bay doors, and heat. An additional storage building is available for shared tenant use.Rental units are currently month-to-month, providing flexibility to increase rents, reposition assets, or explore alternative uses. A rare opportunity with residential and commercial components all in one location???ideal for investors seeking diversification and future upside.
Property Features
Property Type: Multi Unit - Multiple
Basement: Crawl Space, Other
Cooling: Ceiling Fan(s), Central Air
Heating: Wall Furnace, Natural Gas, Central, Electric
Home Style: Manufactured/Mobile, Ranch, Other
Roof Type: Metal, Shingle
Taxes: $2,121
Year Built: 2013
Feature Descriptions
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Community Features: None
Days on Site: 66
Exterior: Aluminum Siding, Block, Brick, Vinyl Siding
Flooring: Carpet, Concrete, Luxury Vinyl, Tile, Vinyl
Interior: Open Floorplan, Eat-in Kitchen, Ceiling Fan(s)
Laundry: Laundry Closet
Lot: Cleared
Parcel Number: 066 03300 000
Parking: Paved, Driveway
Pool Features: None
Security: Smoke Detector(s)
Sewer: Septic Tank
Units: 5
Utilities: Water Connected, Natural Gas Available, Cable Available, Electricity Connected
Water: Public
Local Schools
High School: Bradley County
Middle School: Lake Forest
Elementary School: Waterville
Listed By / Shown By
Listed By
Agency Name: RE/MAX Experience
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: RCAR MLS
Estimate Your Payment
Estimated Payment
$ 1,835.61 per month $1,466.65 Principal & Interest $176.75 Property Tax $192.21 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 3,200+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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2402/2398 Rodney Drive Se | MLS# 20260110
This multi-family property located at 2402/2398 Rodney Drive Se, Cleveland, TN 37323 is currently listed for sale with an asking price of $659,000. Search Cleveland real estate on www.clhomes.com today.