338 S Cedar Ave Active

Cookeville,TN 38501

$ 285000

- Bed

- Bath

2124 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,124 sqft

Price per Sqft $134

Subdivision Victory 2

MLS Listing ID 2907113

Year Built 1934

Annual Tax Amount $1,630

Lot Dimensions 70 x 237 IRR

Property Description

**Attention Investors!** Check out this triplex in a prime location near Tennessee Tech, situated on a spacious 0.37-acre lot. The property is positioned at the front of the lot and is zoned RD. This 2,124 sq ft triplex features two 1-bedroom, 1-bathroom units on the ground level and one 2-bedroom, 1-bathroom unit on the second floor. Each unit is equipped with its own electric meter, and tenants are responsible for their electricity usage. The owner covers the water bill. All units are currently occupied, providing immediate rental income. The property benefits from a new roof plus new water heaters for each unit. The gross annual income for this property is $19,800. To schedule a viewing, please call us today. Kindly note that a 24-hour notice is required for all appointments. *All information is deemed reliable but is not guaranteed and should be independently verified.

Location

State TN

County Putnam County

Interior

Heating Electric,Other

Cooling Central Air

Flooring Carpet,Laminate,Vinyl

Fireplace N

Exterior

Utilities Available Electricity Available

View Y/N false

Roof Type Other

Private Pool false

Building

Structure Type Frame,Vinyl Siding

New Construction false

Schools

Elementary Schools Park View Elementary

Middle Schools Prescott South Middle School

High Schools Cookeville High School

Others

Special Listing Condition Standard

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