605 S Lake Drive, Oneida, TN 37841

$550,000
9
BD
10
BA
7,576
SqFt

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List Price
$550,000
Status
ACTIVE
Days on Market
308
Price Change
▼ $25,000 1782500216
MLS#
1316836
Subtype
Residential
Style
Traditional
Year Built
1967
Bedrooms
9
Bathrooms
10
Full Baths
9
Half Baths
1
Living Area
7,576
Acres
3.67
Subdivision
Ponderosa Estates

Property Description

Now this is something special! Come see what opportunity looks like in Oneida, TN—close to the golf course and airport. There are endless possibilities here! Imagine your own gigantic family facility, equipped with four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. This could be your income-producing home base! All of this on 3.6 Acres, so there's lots of room for everyone to spread out and enjoy being on the Lake! The list of awesome features here could go on and on, but don't wait - call today for your personal showing! Attention INVESTORS! This could be a cash cow! With six rental units already in place, converting the main house into additional units would be easy, and overnight rentals would pose no problem. opportunity to be creative! Gross income projections as long-term rental $65,000-$84,000 per year, as STR $75,000-$100,000! Whatever your heart's desire, this is a once-in-a-lifetime opportunity!

Additional Information

Interior Features
Central Vacuum
Property Description
Traditional
Appliances
Dishwasher, Disposal, Other
Heating
Central, Natural Gas, Electric
Air Conditioning
Central Air, Wall Unit(s)
Exterior Construction
Block, Frame
Garage Spaces
1
View
Lake, Wooded, Country Setting

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jim Stoneburner of Honors Real Estate Services LLC.

Agent: Jim Stoneburner |

Office: Honors Real Estate Services LLC |