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162 Latimer Rd

Oak Ridge, TN 37830
  • $424,900
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: 1187839
$424,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,850
    SQFT
  • $149
    $/SQFT
Type:
Multi-Family
Built:
1942
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This investment property is one of two properties being listed that has no problem paying for itself and has a long rental history to prove it. The rental market in Oak Ridge is stronger than it has ever been. This 4-plex has been in the same family for almost 60 years and now it is time for the owners to ride off into the sunset in their RV. There is off street parking and a very large back yard. There is still room for improvements to maximize your return on investment.

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© 2022 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to The Cook Team | Keller Williams Signature. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cook Team | Keller Williams Signature. Data last updated: 2022-05-24T00:14:01.993.
www.mybetterlivinghome.com/homes/127785190
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162 Latimer Rd Oak Ridge, TN 37830

  • Price: $424,900
  • Status: Active
  • On Site: 36 Days
  • ID#: 1187839
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,850
SQFT
$149
$/SQFT
1942
Built
County:
Anderson
Area:
Oak Ridge
Elementary School:
Willow Brook
Middle School:
Robertsville
High School:
Oak Ridge
Property Description
This investment property is one of two properties being listed that has no problem paying for itself and has a long rental history to prove it. The rental market in Oak Ridge is stronger than it has ever been. This 4-plex has been in the same family for almost 60 years and now it is time for the owners to ride off into the sunset in their RV. There is off street parking and a very large back yard. There is still room for improvements to maximize your return on investment.
Exterior Features

Construction Frame Driveway Off-Street Exterior Features Cable Available (Tv Only)ShedWindows - Dble PaneWindows - Vinyl Garage Parking Off-Street ParkingOn Premise Parking Lot Size 150X197x151x198 Siding Vinyl

Interior Features

Appliances RangeRefrigeratorSmoke Detector Cooling Central Cooling Floors CarpetLaminateTileVinyl Fuel Oil Heat CentralHeat Pump Misc Features Internet Available Other Rooms Mstr Bdrm Main Level

Property Features

Annual Oper Expenses 7321.00 Auction YN No City County Code City Limits City Taxes 1334.48 County Taxes 1416.62 Gross Annual Income 32460.00 Lease Information 162: 2014-9/22; 164: 2/2022-2/2023; 166: 11/2015-9/2022; 168: 9/2019-9/2022 Miscellaneous Washer/Dryer Cnctns Multifamily Sub Type Four Plex Net Operating Income 25139.00 New Financing CashConventional Owner Expenses AdvertisingExterior MaintenanceHvac MaintenanceInsuranceLawn MaintenanceRoof MaintenanceTaxes Property Status N/A Pud YN No Sale Includes Building And Land Tenant Expenses Tenant Pays All Util Total Tax 2751.11 Type Of Units 2 Bedroom UnitUnfurnished Units Leased 4.00 Utilities Mo Avg 160.00

Listing information © 2022 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Betsy Coleman Realty Co..


© 2022 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to The Cook Team | Keller Williams Signature. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cook Team | Keller Williams Signature. Data last updated: 2022-05-24T00:14:01.993.
 
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The Cook Team | Keller Williams Signature
4823 Old Kingston Pike #320
Knoxville TN, 37919