197 - 207 Gum Hollow Rd Unit 197 - 207, Oak Ridge, TN 37830
- $899,000
- List Price
- $899,000
- Status
- ACTIVE
- Days on Market
- 114
- Price Change
- ▼ $51,000 1789609619
- MLS#
- 1343898
- Subtype
- Residential Income
- 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
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Frame
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Listing courtesy of Heidi Adams of NAI Koella l RM Moore.
Agent: Heidi Adams |
Office: NAI Koella l RM Moore |