197 – 207 Gum Hollow Rd 197 – 207, Oak Ridge, TN 37830 | MLS #1343898
  • $899,000

Overview

  • 1979
    Year Built
  • 0
    Bathroom
  • Sq Ft
    Area Size

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.

Details

  • Property ID 1343898
  • Price $899,000
  • Bathroom 0
  • Year Built 1979
  • Property Status Multi-Family

Additional details

  • Bathrooms 0
  • Cooling Central Cooling
  • Directions Located off of Oak Ridge Turnpike
  • Flooring Laminate, Carpet, Vinyl, Tile
  • Heating Central, Electric
  • Listed By NAI Koella l RM Moore
  • Lot Dimensions 443 x 244
  • MLS Status Active
  • Parcel Number 015K B 008.00
  • Parking Features On Premise Parking
  • Tax Annual Amount 6724.61
  • Address: Gum Hollow
  • City: Oak Ridge
  • State/County: Roane County - 31
  • Zip Code: 37830

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Isham Jones Realty

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