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Suzanne Eaton

suzanne.eaton@engelvoelkers.com +1(865) 363-9198

$ 300,000

Est. payment -/mo

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338 Cedar Ave Cookeville, TN 38501

2,124 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,124 sqft

Price per Sqft $141

Subdivision Victory 2

MLS Listing ID 1304289

Year Built 1934

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 70 x 237 IRR

Source East Tennessee REALTORS® MLS

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 R3. 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 - 53

Area 16117.0

Rooms

Other Rooms Other

Interior

Heating Other, Electric

Cooling Central Cooling

Flooring Laminate, Carpet, Vinyl

Appliance Range, Refrigerator

Heat Source Other, Electric

Exterior

Exterior Feature Deck, Porch - Covered

Parking Features Off-Street Parking

Garage Description Off-Street Parking

Roof Type Shingle

Garage No

Building

Faces FROM I-40: Take Exit 287. Turn RIGHT onto Jefferson Ave. Turn LEFT onto Jackson St. Turn RIGHT onto S Cedar Ave. Property will be on your RIGHT. Sign on Property.

Structure Type Vinyl Siding,Frame

Schools

Elementary Schools Park View

Middle Schools Prescott Central

High Schools Cookeville

Others

Tax ID 053J G 009.00

Energy Description Electric

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional

Virtual Tour https://kuula.co/share/hDT0d?logo=1&info=0&fs=1&vr=1&sd=1&initload=0&thumbs=1

Listed by Baisley Hometown Realty, LLC

Suzanne Eaton

Founding Advisor | REALTOR® | License ID: 343759

+1(865) 363-9198

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