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$950,000
Active 77 days on market

197 - 207 Gum Hollow Rd 197 - 207

Oak Ridge, TN 37830 · Roane County

1979 built

Financing this home

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Financing accepted
CashNew Loan

About this property

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.

Facts & features

Overview

Type
Residential Income
Tax jurisdiction
City limits
HOA
None
Year built
1979
Show all facts & features Show less

Parking

On Premise Parking

Listing details

MLS #
1343898
Status
Active
Days on market
77 days

Location

197 - 207 Gum Hollow Rd 197 - 207, Oak Ridge, TN 37830 Roane County Open in Maps

Listing courtesy of NAI Koella l RM Moore. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.