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$ 605,000
Est. payment /mo
Active
929 Roane St Harriman, TN 37748
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1322495
Year Built 1930
Lot Dimensions 100 X 175
Source East Tennessee REALTORS® MLS
Property Description
925 and 929 N Roane St in Harriman, TN presents a strong value-add investment opportunity with a solid income stream already in place. This property includes a fully updated quadplex with four 1 bed, 1 bath units, as well as a separate 3 bed, 1 bath single-family home on the same parcel. With a total monthly income of $4,750 and a pro forma of $5,300/month, this asset provides immediate cash flow and future upside. The quadplex has been recently improved with all new electric meters, a new roof, new flooring, and completely renovated bathrooms and kitchens across all units—each with an identical, efficient layout. The detached single-family home adds another layer of rental income and tenant diversity. Located in a growing market with strong rental demand, 925 and 929 N Roane St is ideal for investors seeking a stabilized asset with long-term growth potential and minimal deferred maintenance.
Location
State TN
County Roane County - 31
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Flooring Laminate, Hardwood, Other
Heat Source Other
Exterior
Parking Features Other
Garage Description Other
Roof Type Other
Garage No
Building
Faces I40 to Exit 347(R) thru town to home and apartments on left. Located across from Harriman High School.
Structure Type Other
Others
Tax ID 026D E 005.00
Energy Description Other Fuel
Acceptable Financing Other, New Loan, Cash, Conventional
Listing Terms Other, New Loan, Cash, Conventional
Listed by SVN I Wood Properties