5 bed, 3 bath, 2252 squareFoot Residential located at 9943 Clift Rd Strawberry Plains TN 37871 US #1026628
9943 Clift Rd , Strawberry Plains TN 37871 US
THIS PROPERTY HAS A RECENT APPRAISAL FOR $150,000! PRICED TO SELL! This amazing investment opportunity is in need of some repairs and is an excellent income producing duplex! Perfect from many different uses, rent out top and bottom as well as the 30 x 60 metal shop building to create an excellent ...
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Realty Executives Associates - North 3232 Tazewell Pike Knoxville, TN, US 37918 865-688-3232
9943 Clift Rd Strawberry PlainsTN37871US
5 Bed, 3.00 Bath (3 Full Bath), 2,252 sqft
Courtesy of: Ann Richards, Realty Executives Associates
9943 Clift Rd THIS PROPERTY HAS A RECENT APPRAISAL FOR $150,000! PRICED TO SELL! This amazing investment opportunity is in need of some repairs and is an excellent income producing duplex! Perfect from many different uses, rent out top and bottom as well as the 30 x 60 metal shop building to create an excellent income producing rental, or live in one part and rent the other out and live for free! This property would work well for a landscaper or woodshop owner as well as for many other business types. The upstairs has 3 bedrooms, 1 bath, 1152 sq ft, previously rented for $700/month. Downstairs unit is 2 bedrooms, 1 bath, 1100 sq ft, and had been rented for $350/month. Both units include large kitchens and W/D hook-ups. 2.25 acres with detached garage, yard shed & 30x60 workshop are all included! Workshop was previously leased by upstairs tenant for $250/mo. 8.4% cap rate based on previous approx. NOI of $11,800! Financing options include: cash, conventional, or renovation loan. Home needs new roof & new floor covering in upper unit. This property is priced as-is. Upstairs unit and workshop share one electric meter. Lower unit on its own electric meter. Upstairs & lower unit share one water meter. Call today to schedule a private viewing of this amazing property! *Sq ft from tax records. Buyer to verify sq ft and all other information.