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1242 Ladd Springs Road Se, Cleveland, TN 37323

$800,000
  • 1242 Ladd Springs Road Se, Cleveland, TN 37323 Main Photo

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New to the Market Active
BEDS0 BATHS1 full SQUARE FEET8,814 MLS#20263102
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Income-Producing Investment Opportunity with Retail SpaceExcellent investment opportunity featuring eight fully occupied one-bedroom apartments and a central retail space, all conveniently located on one level. The property is designed with four apartment units on each side of the retail space, creating an efficient layout and strong income potential.Each apartment has been updated with luxury vinyl plank flooring and renovated bathrooms, offering tenants modern finishes and low-maintenance living. The property enjoys consistent occupancy and provides immediate cash flow for investors.Situated in the county, this mixed-use property offers flexibility, steady rental income, and room for long-term appreciation. Whether you're looking to expand your portfolio or add a stable income-producing asset, this property presents a rare opportunity to own a well-maintained, fully leased investment property with both residential and commercial components.Call today for additional financial information and to schedule a private tour. Please allow 24 hr for showing notice because all units are occupied

1242 Ladd Springs Road Se | MLS# 20263102

This multi-family property located at 1242 Ladd Springs Road Se, Cleveland, TN 37323 is currently listed for sale with an asking price of $800,000. Search Cleveland real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Home Style: Ranch
Roof Type: Pitched
Taxes: $931
Year Built: 1976

Feature Descriptions

Appliances: Electric Range, Refrigerator
Community Features: None
Exterior: None
Exterior: Block, Concrete
Flooring: Luxury Vinyl
Interior: Ceiling Fan(s)
Laundry: Other
Lot: Level
Owner Pays: Water
Parcel Number: 082 00602 000
Parking: Asphalt
Pool Features: None
Security: Smoke Detector(s)
Sewer: Septic Tank
Tenant Pays: All Utilities
Units: 8
Utilities: Water Connected, Sewer Not Available, Cable Available, Electricity Connected
Water: Public, Well

Local Schools

High School: Bradley Central
Middle School: Lake Forest
Elementary School: Waterville

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Kinard Realty

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: RCAR MLS

Estimate Your Payment

Estimated Payment

$ 2,091.37 per month $1,780.45 Principal & Interest $77.58 Property Tax $233.33 Homeowner's Insurance

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