Attention Investors! Don't miss this exceptional opportunity to own an almost-new 4-plex in the rapidly growing area of Jefferson City! This income-producing property features four well-designed townhomes, with two townhomes currently leased through March 2027 at $1,800 per month, while two additional units will become available in May 2026, offering the perfect opportunity to place new tenants at market rates.Conveniently located just minutes from Carson-Newman University, this property is ideally positioned for strong rental demand, particularly for students and young professionals. Projected rental income is $1,800-$2,000 per unit per month, making this a fantastic addition to any investment portfolio.All four townhomes feature a beautiful low-maintenance exterior for lasting curb appeal and come fully equipped with kitchen appliances, including refrigerators, making them truly turnkey for tenants.Located in the Meadow Springs community, each unit offers 1,193 square feet of living space plus a one-car garage. The thoughtfully designed floor plan includes 2 bedrooms, 2.5 bathrooms, a spacious living room, kitchen with dining area, and a dedicated laundry room. The large primary bedroom features two closets, providing excellent storage and comfort for residents.Opportunities to purchase newer multi-family properties like this in Jefferson City are rare--don't miss your chance to secure a strong income-producing investment!1530, 1532, 1534, and 1536 Meadow Springs Drive are the addresses.Please do not disturb the tenants.(Professional photos coming soon)
Listed By
Agency Name: King Real Estate Services,Inc
Shown By
Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660
Estimated Payment
$ 6,416.30 per month $6,124.93 Principal & Interest $0.00 Property Tax (data not provided by mls) $291.38 Homeowner's Insurance
1532 Meadow Spring Drive | MLS# 1332716
This multi-family property located at 1532 Meadow Spring Drive, Jefferson City, TN 37760 is currently listed for sale with an asking price of $999,000. Search Jefferson City real estate on www.franklinrealty.com today.