407 W Wheeler St, Rockwood, TN 37854

$1,170,000
: 3
BD
: 1
BA
: 1,793
SqFt

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List Price: $1,170,000
MLS#: 1355281
Status: ACTIVE
Type: Single Family Residential
City: Rockwood
County: Roane
Bedrooms: 3
Bathrooms: 1
Baths Full: 1
Living Area: 1,793
Year Built: 1919

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Property Description

Rare opportunity to purchase a 100% occupied, seven-property investment portfolio in Roane County. This professionally managed portfolio offers multiple income-producing properties and strong potential for investors looking to expand or establish a presence in a growing market. Current property management may be available to continue for a seamless transition. The portfolio has been appraised. Seller financing may be considered only with the purchase of the entire portfolio. Properties may also be purchased individually. Please do not disturb tenants. Portfolio includes: 525 Sewanee Street: 2 bedrooms, 1 bathroom, $175,000, currently rented for $950 per month. 407 West Wheeler Avenue: 3 bedrooms, 1 bathroom, $200,000, currently rented for $1,250 per month. 521 North Chamberlain Avenue: 2 bedrooms, 1 bathroom, $170,000, currently rented for $950 per month. 265 Morning Drive: 3 bedrooms, 1 bathroom, $165,000, currently rented for $820 per month. 210 Barnett Circle: 2 bedrooms, 1 bathroom, $120,000, currently rented for $900 per month. 619 South Patton Avenue: 3 bedrooms, 1 bathroom, $150,000, currently rented for $1,200 per month. 501 West Rockwood Street: 3 bedrooms, 1 bathroom, $190,000, currently rented for $900 per month. Total portfolio price is $1,170,000. Current gross monthly rental income is $6,970. Current gross annual rental income is $83,640. Buyer and buyer's agent to independently verify all information, including square footage, rental income, occupancy, property details, and intended use.

(865) 280-2569

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Additional Information

Acres: 0.30
Appliances: Range, Refrigerator
Construction: Frame
Cooling: Central Air
Fireplace: Yes
Floors: Luxury Vinyl Plank
Garage: On Street
Living Area: 1,793
Lot Dimensions: 70 X190
Style: Traditional
Year Built: 1919
Heating: Central, Electric
Fireplaces: 2
Hoa: No
Water: Public
Sewer: Public Sewer