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Listed by Carl Young • Young Marketing Group, Realty Executives
$ 275,000
Est. payment | /mo
$ 275,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Lake Park Spgs Add
MLS Listing ID 3246542
Year Built 1948
Annual Tax Amount $2,276
Lot Dimensions 50 X 160
Property Description
This versatile 4-plex represents a premier investment opportunity situated in a high-demand rental pocket. Tenants will love the convenience and walkability of this prime location, ensuring steady demand and consistent monthly cash flow. With four distinct units generating separate income streams, this property significantly mitigates vacancy risk while serving as an incredible wealth-building asset from day one.
What truly sets this property apart is its rare commercial zoning, offering an unmatched level of versatility and long-term equity upside. Investors can comfortably collect traditional residential rent today while holding a highly valuable piece of commercial land for tomorrow.
Whether you are looking to expand your portfolio with immediate cash flow, execute a strategic ''house-hack,'' or bank on future land appreciation, this property delivers the ultimate real estate trifecta. Opportunities that seamlessly blend residential income with commercial development potential do not stay on the market long. Contact us today to schedule your private tour.
What truly sets this property apart is its rare commercial zoning, offering an unmatched level of versatility and long-term equity upside. Investors can comfortably collect traditional residential rent today while holding a highly valuable piece of commercial land for tomorrow.
Whether you are looking to expand your portfolio with immediate cash flow, execute a strategic ''house-hack,'' or bank on future land appreciation, this property delivers the ultimate real estate trifecta. Opportunities that seamlessly blend residential income with commercial development potential do not stay on the market long. Contact us today to schedule your private tour.
Location
State TN
County Knox County
Interior
Heating Electric, Other
Cooling Wall/Window Unit(s)
Flooring Other
Fireplace N
Exterior
Utilities Available Electricity Available
View Y/N false
Roof Type Other
Private Pool false
Building
Structure Type Other,Brick
New Construction false
Schools
Elementary Schools Spring Hill Elementary
Middle Schools Vine Middle/Magnet
High Schools Austin East High/Magnet
Others
Senior Community false
Special Listing Condition Standard
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