Price
$ 395,000

314 Russell Rd, Rockford, TN 37853  
  • 7,556 sqft

314 Russell Rd, Rockford, TN 37853  

Investor Opportunity! This investor portfolio deal includes 8 homes! 4 single family homes and 4 mobile homes on 7 total parcels. These homes are turn key, professionally managed by a real estate firm, no repairs currently needed, and 100% occupied and would make great investment income starting from the first day of ownership. Tenants pay all utilities, approximately $63K gross income per year, $5250 per month. Taxes approx $2200 per year and insurance approx $2400 per year making cap rate just over 12%! Call for details and to schedule your personal tour today. Occupied, do not disturb tenants. Owner will not finance or break up portfolio, visit www.theknoxvilleagent.com for more information.

Read More
Listing Type
Multi-Family
Listing ID
974378
House Size
7,556
Listing Status
Active
Year Built
1962
Houses for Sale Nearby