407 W Wheeler St

Active
  • $ 1,170,000
  • Property Type:
  • Location:
  • Beds: 3
  • Baths: 1
  • Sq Ft: 1,793
  • Lot Sq Ft: 0.3 acres
  • Acres: 0.3

Listed by: Slyman Real Estate

Rare opportunity to purchase a 100% occupied, seven-property investment portfolio in Roane County. This professionally managed portfolio offers multiple income-producing properties and strong potential for investors looking to expand or establish a presence in a growing market. Current property management may be available to continue for a seamless transition. The portfolio has been appraised. Seller financing may be considered only with the purchase of the entire portfolio. Properties may also be purchased individually. Please do not disturb tenants.Portfolio includes:525 Sewanee Street: 2 bedrooms, 1 bathroom, $175,000, currently rented for $950 per month.407 West Wheeler Avenue: 3 bedrooms, 1 bathroom, $200,000, currently rented for $1,250 per month.521 North Chamberlain Avenue: 2 bedrooms, 1 bathroom, $170,000, currently rented for $950 per month.265 Morning Drive: 3 bedrooms, 1 bathroom, $165,000, currently rented for $820 per month.210 Barnett Circle: 2 bedrooms, 1 bathroom, $120,000, currently rented for $900 per month.619 South Patton Avenue: 3 bedrooms, 1 bathroom, $150,000, currently rented for $1,200 per month.501 West Rockwood Street: 3 bedrooms, 1 bathroom, $190,000, currently rented for $900 per month.Total portfolio price is $1,170,000. Current gross monthly rental income is $6,970. Current gross annual rental income is $83,640.Buyer and buyer’s agent to independently verify all information, including square footage, rental income, occupancy, property details, and intended use.

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Price:$1,170,000
Address:407 W Wheeler St
City:Rockwood
County:Roane County - 31
State:Tennessee
Zip Code:37854
MLS:1355281
Year Built:1919
Square Feet:1,793
Acres:0.3
Lot Square Feet:0.3 acres
Bedrooms:3
Bathrooms:1
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