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362/376 Oak Grove Rd

Madisonville, TN 37354
  • $795,000
  • STATUS: Active Under Contract
  • ON SITE: 44 Days
  • ID#: 1264852
Under Contract
UPDATED: 84 min ago
$795,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,200
    SQFT
  • $663
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Ratings & Info

Description

Amazing opportunity to add value to this park. Current income at 9975.00 per month. 5 properties that are not habitable, can be renovated, or pulled out and replaced. Great tenants, no drugs, no theft. Everyone currently pays on time, in cash. All the straight rentals have been remodeled, with either thru the window heat and air units, or mini split systems. Newer appliances, roofs repaired. Singlewides do not age well, but I promise the inside of these units are clean, and up to par. This park was mismanaged by an unlicensed property manager, but is now under good management. Many of the RTO could be flipped to a straight rental. The adjoining could could be developed, and the little garage/efficiency apt could be rented after being fixed up. 174 2/2 lease 700-900, 311 3/3 Owned 300.00-500.00, 199 2/2 Owned 300-500.00

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© 2024 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Adam Wilson Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Adam Wilson Realty. Data last updated: 2024-07-17T11:53:49.643.
www.adamwilsonrealty.com/homes/151244928
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362/376 Oak Grove Rd Madisonville, TN 37354

  • Price: $795,000
  • Status: Active Under Contract
  • On Site: 44 Days
  • Updated: 84 min ago
  • ID#: 1264852
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,200
SQFT
$663
$/SQFT
1980
Built
Neighborhood:
Hunters Cove
County:
Monroe
Area:
Madisonville
Property Description
Amazing opportunity to add value to this park. Current income at 9975.00 per month. 5 properties that are not habitable, can be renovated, or pulled out and replaced. Great tenants, no drugs, no theft. Everyone currently pays on time, in cash. All the straight rentals have been remodeled, with either thru the window heat and air units, or mini split systems. Newer appliances, roofs repaired. Singlewides do not age well, but I promise the inside of these units are clean, and up to par. This park was mismanaged by an unlicensed property manager, but is now under good management. Many of the RTO could be flipped to a straight rental. The adjoining could could be developed, and the little garage/efficiency apt could be rented after being fixed up. 174 2/2 lease 700-900, 311 3/3 Owned 300.00-500.00, 199 2/2 Owned 300-500.00
Exterior Features

Attached Garage YN No Exterior Features Deck Garage Parking Off Street Parking Yes Parking Features Off-Street Parking Roof Metal Yes

Interior Features

Cooling Attic FanCentral Cooling Flooring VinylOther Heating Heat PumpCentralOtherElectric Misc Features Internet Available2 Yes Misc Features Washer Dryer Connect Yes Mstr Bdrm Main Level Yes

Property Features

Auction YN No Construction Materials Aluminum SidingFrame Fuel Electric Yes Listing Terms New LoanCashConventional New Financing Cash Yes New Financing Conventional Yes Property Status N/A Restrictions No Type Of Unit Two Bedroom Yes Type Of Unit Unfurnished Yes

Listing information © 2024 East Tennessee REALTORS®.
Listing provided courtesy of Genesis Realty & Property Management, LLC: .


© 2024 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Adam Wilson Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Adam Wilson Realty. Data last updated: 2024-07-17T11:53:49.643.
 
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2043 Castaic Ln Suite C
Knoxville TN, 37932