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80 Mclarty Lane, Crossville, TN 38555

Sqft
1,274

View property features, location on map, relevant school information and overview from seller's agent.

Listed byBerkshire Hathaway HomeServices Southern Realty
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Overview

Investor opportunity in a prime in-town location! This 3-unit multifamily property offers excellent potential with walkable access to shopping, restaurants, and everyday conveniences. Built in 1962, the building includes two main-level units and one upper-level unit, all currently vacant and ready for renovation or lease-up.

Each unit is a 1-bedroom, 1-bath layout, with approximately 427 sq ft in the two downstairs units and 416 sq ft in the upper unit. Interiors in need of updates, giving buyers the chance to modernize and add value. Unit 1 has had some updates to the bath, kitchen, and flooring. Utilities currently combined on 1 meter.

Exterior features include a 70' x 190' lot, driveway parking, a large rear deck, and a covered front porch. A metal roof was installed a few years ago, and the structure offers solid bones for improvement.

With projected rents around $750 per unit or more with renovations, this property provides strong potential cash flow. Its close proximity to town enhances rental demand, especially for affordable 1-bedroom units.

Whether you're an investor seeking value-add potential or a buyer looking to expand a rental portfolio, this multifamily property offers a rare chance to purchase three units for just $235,000 in a highly convenient location. An additional lot is available next door to be purchased with this property for an additional $30,000.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
1,274
Year built
1962

Utilities

Heating
Other, Electric
Cooling
Other

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: East Tennessee Realtors MLS®#: 1323780 Last checked:

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