About 197 - 207 Gum Hollow Rd 197 - 207
6 units in booming Oak Ridge! This investor renovation opportunity is located in close proximity to the Oak Ridge Country Club in an established area of town. Five of the six total units are occupied at below market rent on short term leases providing an excellent opportunity to update the units as they are vacated and lease at market rents ($1,300 1 bed, $1,600 2 bed). One of the 6 units (2 bed 1.5 bath) has been fully renovated and is leased for $1,300 per month. Total annual proforma rents - $98,400.00.
Features of 197 - 207 Gum Hollow Rd 197 - 207
| MLS® # | 1343898 |
|---|---|
| Price | $899,000 |
| Year Built | 1979 |
| Status | Active |
Community Information
| Address | 197 - 207 Gum Hollow Rd 197 - 207 |
|---|---|
| Area | Roane County - 31 |
| City | Oak Ridge |
| County | Roane County - 31 |
| State | TN |
| Zip Code | 37830 |
Amenities
| Parking | On Premise Parking |
|---|---|
| Has Pool | No |
Interior
| Heating | Central, Electric |
|---|---|
| Cooling | Central Cooling |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Frame |
|---|---|
| Construction | Frame |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | NAI Koella l RM Moore |
|---|