
TURN-KEY one level duplex WITH GARAGES -The property is fully occupied by a long-term professional tenant who has occupied the property since construction in 2020 and maintains the property at a very high level. Current rents are $2,700 per month, with potential for future rent increases. Based on market rents, investors may realize a cap rate exceeding 7% while benefiting from a newer construction duplex with minimal maintenance history Property is leased with flexible month-to-month lease in place allowing immediate income with optional repositioning. 1974sf footprint (Each unit 988sf, 2 bedrooms/ 2 bedrooms,) total 4 bedrooms and 4 baths; Laminate wood, ceramic tile throughout. All matching black appliances in kitchen with disposal and ice maker, roomy living room with adjacent dining area. Master bedrooms will accommodate kingsize beds, master baths have walk in showers, 2nd Bedrooms with 2nd baths doubles as a guest bath. Laundry rooms, nice size with utility sinks . Extra linen closets and thoughtful closet spaces. Nice decks out back. Parking spaces for up to 5 cars including garage at each unit. The duplex was well-built, in 2020.
Listed By
Agency Name: Ellis Ledford Properties, LLC
Agency Phone: 423-716-3761
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,291.80 per month $856.84 Principal & Interest $322.67 Property Tax $112.29 Homeowner's Insurance
1395 Golf Drive | MLS# 1532737
This multi-family property located at 1395 Golf Drive, Cleveland, TN 37311 is currently listed for sale with an asking price of $385,000. Search Cleveland real estate on www.clcommercialrealestate.com today.