2609 Campbell Bridge RD NW Cleveland, TN 37312
1,925 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,925 sqft
Price per Sqft $187
Subdivision Villa Heights
MLS Listing ID 20263398
Style Ranch
Full Baths 3
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 1,925
Year Built 1988
Annual Tax Amount $3,060
Property Sub-Type Triplex
Source River Counties Association of REALTORS®
Property Description
Total monthly rent is $2700, with potential for future rent increases. Cap rate exceeding 7 percent.
Enjoy 100 percent occupancy with long term tenants in place from day one. Tenants are currently on a month to month lease, allowing the new homeowner a ton of flexibility to continue renting to the great tenants already in place or house hack and move into one of the units as a homeowner and rent out the other two.
This property is an ideal opportunity for investors. It's low maintenance, all brick exterior sits on a flat half acre lot and has plenty of parking for each unit. It was updated three years ago with a new roof, gutters, LVP flooring, fresh paint and other cosmetic interior updates as well.
Each unit has one large bedroom and one full bathroom with an eat in kitchen and living room with great light throughout. One of the end units has the added bonus of an attached one car garage that is extra long and deep.
You don't want to miss the opportunity to add this triplex to your rental portfolio. Call and schedule a showing today!
Location
State TN
County Bradley
Direction From 75 North, turn left onto Georgetown Rd NW. Turn left onto Villa Dr. Turn right onto Campbell Bridge Rd. Home will be on the left.
Rooms
Basement None
Interior
Interior Features Primary Downstairs, Laminate Counters, High Speed Internet, Granite Counters, Eat-in Kitchen, Ceiling Fan(s)
Cooling Ceiling Fan(s), Multi Units, Varies by Unit, Window Unit(s)
Flooring Luxury Vinyl
Appliance Electric Range, Electric Water Heater, Refrigerator
Laundry Other
Exterior
Exterior Feature Rain Gutters
Parking Features Asphalt
Garage Spaces 1.0
Garage Description 1.0
Fence None
Community Features Other
Utilities Available Water Connected, Sewer Connected, Cable Available, Electricity Connected
Roof Type Shingle
Porch None
Building
Lot Description Level
Dwelling Type Triplex
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Ranch
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Candys Creek Cherokee
Middle Schools Cleveland
High Schools Cleveland
Others
Tax ID 033j B 00600 000
Miscellaneous Investors take note! Looking for a turn key rental property that is low maintenance, producing cash flow and in an excellent location in North Cleveland? If so, this triplex is perfect for you! Total monthly rent is $2700, with potential for future rent increases. Cap rate exceeding 7 percent. Enjoy 100 percent occupancy with long term tenants in place from day one. Tenants are currently on a month to month lease, allowing the new homeowner a ton of flexibility to continue renting to the great tenants already in place or house hack and move into one of the units as a homeowner and rent out the other two. This property is an ideal opportunity for investors. It's low maintenance, all brick exterior sits on a flat half acre lot and has plenty of parking for each unit. It was updated three years ago with a new roof, gutters, LVP flooring, fresh paint and other cosmetic interior updates as well. Each unit has one large bedroom and one full bathroom with an eat in kitchen and living room with great light throughout. One of the end units has the added bonus of an attached one car garage that is extra long and deep. You don't want to miss the opportunity to add this triplex to your rental portfolio. Call and schedule a showing today!
Acceptable Financing Cash, Conventional
Horse Property false
Listing Terms Cash, Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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