Madisonville, TN 37354,362/376 Oak Grove Rd
Madisonville, TN 37354,362/376 Oak Grove Rd
Madisonville, TN 37354,362/376 Oak Grove Rd
Madisonville, TN 37354,362/376 Oak Grove Rd
Madisonville, TN 37354,362/376 Oak Grove Rd
Madisonville, TN 37354,362/376 Oak Grove Rd
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$765,000

$795,000

3.8%
Est.Price: ?

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Est. payment /mo

1,200 SqFt


SOLD DATE : 09/30/2024

Key Details

Sold Price $765,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $637

Subdivision Hunters Cove

MLS Listing ID 1264852

Year Built 1980

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

Location

State TN

County Monroe County - 33

Rooms

Other Rooms Split Bedroom, Mstr Bedroom Main Level

Interior

Heating Heat Pump, Central, Other, Electric

Cooling Attic Fan, Central Cooling

Flooring Vinyl, Other

Exterior

Exterior Feature Deck

Parking Features Off-Street Parking

Garage Description Off-Street Parking

Roof Type Metal

Building

Structure Type Aluminum Siding,Frame

Others

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional

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Listed by Genesis Realty & Property Management, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(865) 401-5520

olena@olenarurenko.com

308 N. Peters Road Suite 225, Knoxville, TN, 37922

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