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Listed by Sommer Oder-Bailey • RE/MAX Experience
$ 899,900
Est. payment /mo
New
2861 Michigan Ave Road #NE Cleveland, TN 37323
4,948 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,948 sqft
Price per Sqft $181
MLS Listing ID 3510679
HOA Y/N No
Year Built 1997
Annual Tax Amount $1,393
Property Description
Excellent investment opportunity to own a fully tenant-occupied 5-unit townhouse property in a desirable, high-demand location. Each spacious unit features 2 bedrooms and 1.5 bathrooms with a functional townhouse-style layout that offers comfortable living and strong tenant appeal. With all five units currently occupied, this turnkey property provides immediate rental income and has a strong rental history. Conveniently located near shopping, restaurants, schools, and other everyday amenities, the property is well positioned for continued rental demand and long-term investment potential. Partial owner financing is available, offering qualified buyers additional flexibility when structuring the purchase. Don't miss this opportunity to add a stable, income-producing multifamily property with an established tenant base to your investment portfolio. Financial information is available upon request.
Location
State TN
County Bradley County
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Other
New Construction false
Schools
Elementary Schools Mayfield Elementary
Middle Schools Cleveland Middle
High Schools Cleveland High
Others
Senior Community false
Special Listing Condition Standard
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