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

Active

9943 Clift Rd real estate property listed by Realty Executives real estate property listing
Strawberry Plains TN 37871 US

5 Bed, 3.00 Bath (3 Full Bath), 2,252 sqft

#1026628

Courtesy of: Ann Richards, Realty Executives Associates

$125,000

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.

  • Facts
  • Built in: 1973
  • Lot Size: 2.25 acre
  • Property Type: Residential
  • Property Sub-type: Single Family Detached
  • Features
  • Full Bathrooms: 3
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Block, Brick
  • Floor Covering: Carpet, Hardwood, Vinyl
  • Parking Type: Garage - Attached, Garage - Detached
  • Roof Type: Unknown
  • Heating Systems: Baseboard
  • Additional Features
  • Basement
  • Deck
  • Porch
Listing Changed: 2/22/2018 7:36:04 AM GMT
MLS Updated: 2/23/2018 6:22:19 AM GMT

Courtesy of: Ann Richards, Realty Executives Associates

Listing Source - ListHub

Copyright © 2018 Knoxville Area Association of Realtors ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.