TN
Roane County - 31
Rockwood
37854
407 W Wheeler St
407 W Wheeler St, Rockwood, TN 37854
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Listing Type
Single Family
Listing Status
Active
56
$1,170,000

Home Details for 407 W Wheeler St

Price
$1,170,000
Type
Residential
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Year built
1919
Lot size acres
0.3
County
Roane County - 31
MLS Listing#
1355281
Property Description

Rare opportunity to purchase a 100% occupied, seven-property investment portfolio in Roane County. This professionally managed portfolio offers multiple income-producing properties and strong potential for investors looking to expand or establish a presence in a growing market. Current property management may be available to continue for a seamless transition. The portfolio has been appraised. Seller financing may be considered only with the purchase of the entire portfolio. Properties may also be purchased individually. Please do not disturb tenants. Portfolio includes: 525 Sewanee Street: 2 bedrooms, 1 bathroom, $175,000, currently rented for $950 per month. 407 West Wheeler Avenue: 3 bedrooms, 1 bathroom, $200,000, currently rented for $1,250 per month. 521 North Chamberlain Avenue: 2 bedrooms, 1 bathroom, $170,000, currently rented for $950 per month. 265 Morning Drive: 3 bedrooms, 1 bathroom, $165,000, currently rented for $820 per month. 210 Barnett Circle: 2 bedrooms, 1 bathroom, $120,000, currently rented for $900 per month. 619 South Patton Avenue: 3 bedrooms, 1 bathroom, $150,000, currently rented for $1,200 per month. 501 West Rockwood Street: 3 bedrooms, 1 bathroom, $190,000, currently rented for $900 per month. Total portfolio price is $1,170,000. Current gross monthly rental income is $6,970. Current gross annual rental income is $83,640. Buyer and buyer's agent to independently verify all information, including square footage, rental income, occupancy, property details, and intended use.

Property Features
  • Heating Information
    • Central
    • Electric
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Parking
    • On Street
  • Fire Place
    • Other
Listing Courtesy: Slyman Real Estate - 865-862-6161
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EXIT ROCKY TOP REALTY
5161 Peavine Road, Crossville, TN 38571
Office
931 787 1213
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