Description
Discover a fantastic investment opportunity with this 8-unit all brick apartment building in the charming town of Caryville, TN. Fully rehabbed in 2020/2021from plumbing and electrical to the roof and everything in betweenthis property is truly turnkey. Featuring a mix of one- and two-bedroom units, most fully furnished, it's ideal for Airbnb rentals or long-term tenants. Each unit has separate meters and individual HVAC systems, ensuring easy management. Residents or guests will enjoy the side fenced yard ideal for BBQ's. With very low county-only taxes, this is a high-yield investment in a growing area. Conveniently located right off Interstate 75, the property is next to an soon to be Amish restaurant and market, offering fresh organic meats and whole foodsa unique draw for both residents and visitors. A new coffee shop will be coming in across the street, perfect for early morning commuters, and a new dog park on the same street is coming soon for your tenant's furry friends. Outdoor enthusiasts will love being just minutes from Cove Lake State Park, Norris Dam State Park, and North Cumberland OHV Park, a top destination for ATVs, UTVs, dirt bikes, and off-road adventures. And a 35 minute drive will take you to the popular Windrock ATV trails and outdoor shooting range. Minutes to Knoxville and Oak Ridge. Whether you're looking to expand your rental portfolio or tap into the booming vacation rental market, this prime investment is one you won't want to miss! Seller may consider seller financing with the right offer and acceptable terms. All information deemed reliable; however, any and all information pertaining to the property needs to be verified by buyers.
Details
| MLS # | 1293144 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1945 |
| Days On Site | 123 |
| Listing Provided By | Southern Charm Homes | Kelly Artino |
Features
| SQ Feet | 5,628 |
|---|---|
| Units | 8 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Cooling, Ceiling Fan(s) |
| Heating Yes / No | Yes |
| Heating | Heat Pump, Central, Electric |
| Window Features | Window - Energy Star |
| Appliances | Range, Refrigerator |
Exterior
| Roof | Shingle, Aluminum |
|---|---|
| Security Features | Smoke Detector |
| Construction Materials | Brick |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Premise Parking |
Taxes
| Property | 637 |
|---|
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Learn More About This Property
| State | TN |
|---|---|
| County | Campbell County 37 |
| City | Caryville |
| Zip Code | 37714 |
| Area | Campbell County 37 |
| Subarea | 37 |
| School District | Campbell County Comprehensive |
| Elementary School | Caryville |
| Middle School | Jacksboro |
| High School | Campbell County Comprehensive |