BEDS0
BATHS4 full
SQUARE FEET2,934
MLS#20250802
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Turnkey Investment Portfolio - Fully Leased Multi-Building Property | Downtown Cleveland, TNRental income opportunity in the heart of Downtown Cleveland, Tennessee. This fully leased multi-building property sits on a corner lot with access to city utilities and recent upgrades throughout.Recent renovations include:???Newer roofs???Updated plumbing???Fresh interior and exterior paint.Currently generating $3,000/month in rental income, this property offers immediate cash flow and long-term upside in a rapidly growing market.Property Highlights:???Fully leased with $3,000/month rental income???City utilities (water, sewer, electric)???Convenient downtown location near shopping, dining, Greenway and public services???Ideal for investors seeking stabilized income with value-add potential.Don't miss this turnkey investment in one of Tennessee's fastest-growing regions.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Window Unit(s)
Heating: Electric
Home Style: Ranch
Lot Size: 104' x 160'
Roof Type: Shingle
Taxes: $431
Year Built: 1990
Feature Descriptions
Appliances: Electric Water Heater
Community Features: None
Days on Site: 416
Exterior: None
Exterior: Other
Flooring: Laminate
Interior: See Remarks, Eat-in Kitchen
Lot: Level
Lot Dimensions: 104' x 160'
Owner Pays: Water, Electricity, Exterior Maintenance, Insurance, Taxes
Parcel Number: 057l U 00200 000
Parking: Paved
Sewer: Public Sewer
Units: 4
Utilities: Water Connected, Sewer Connected, Electricity Connected
Water: Public
Local Schools
High School: Cleveland
Middle School: Cleveland
Elementary School: Blythe-Bower
Listed By / Shown By
Listed By
Agency Name: KW Cleveland
Shown By
Agent Name: John Loveless
Agent Phone: (423) 506-8614
Agency Title: Crye-Leike Real Estate Services
Source: RCAR MLS
Estimate Your Payment
Estimated Payment
$ 652.64 per month $545.26 Principal & Interest $35.92 Property Tax $71.46 Homeowner's InsuranceChange Payment Information
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1600/1610 Chippewa Avenue Se | MLS# 20250802
This multi-family property located at 1600/1610 Chippewa Avenue Se, Cleveland, TN 37311 is currently listed for sale with an asking price of $245,000. Search Cleveland real estate on www.johnloveless.com today.