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605 S Lake Drive, Oneida, TN 37841

$650,000
  • 605 S Lake Drive, Oneida, TN 37841 Main Photo

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Active
BEDS0 BATHS SQUARE FEET7,576 MLS#1323587
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPonderosa Estates

Property Description

Now this is something special! Come see what opportunity looks like in Oneida, TN-close to the golf course and airport. There are endless possibilities here! Imagine your own gigantic family facility, equipped with four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. This could be your income-producing home base! All of this on 3.6 Acres, so there's lots of room for everyone to spread out and enjoy being on the Lake! The list of awesome features here could go on and on, but don't wait - call today for your personal showing! Attention INVESTORS! This could be a cash cow! With six rental units already in place, converting the main house into additional units would be easy, and overnight rentals would pose no problem. opportunity to be creative! Gross income projections as long-term rental $65,000-$84,000 per year, as STR $75,000-$100,000! Whatever your heart's desire, this is an amazing opportunity! Priced below tax appraisal! Call Today for your personal showing

605 S Lake Drive | MLS# 1323587

This multi-family property located at 605 S Lake Drive, Oneida, TN 37841 is currently listed for sale with an asking price of $650,000. Search Oneida real estate on www.franklinrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Fuel Type: Electric, Gas
Garage: 1
Heating: Central, Natural Gas, Electric
Lot Size: 3.67 Acres
Year Built: 1967

Amenities

Balcony

Feature Descriptions

Appliances: Refrigerator
Days on Site: 117
Exterior: Block, Frame, Other
Flooring: Laminate, Hardwood, Tile
Lot Dimensions: IRR
Parcel #: 061L B 008.00
Parking: Off-Street Parking, On Premise Parking
SQFT Total: 7576
Units: 7

Listed By / Shown By

Listed By

Agency Name: Honors Real Estate Services LLC

Shown By

Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660

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Estimated Payment

$ 4,174.77 per month $3,985.19 Principal & Interest $0.00 Property Tax (data not provided by mls) $189.58 Homeowner's Insurance

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