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Listed by Tammy Johnson • Coldwell Banker Kinard Realty
$ 725,000
Est. payment /mo
Active
1242 Ladd Springs Road #SE Cleveland, TN 37323
8,814 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,814 sqft
Price per Sqft $82
MLS Listing ID 3243081
HOA Y/N No
Year Built 1976
Annual Tax Amount $932
Property Description
Income-Producing Investment Opportunity with Retail Space
Excellent investment opportunity featuring eight fully occupied one-bedroom apartments and a central retail space, all conveniently located on one level. The property is designed with four apartment units on each side of the retail space, creating an efficient layout and strong income potential.
Each apartment has been updated with luxury vinyl plank flooring and renovated bathrooms, offering tenants modern finishes and low-maintenance living. The property enjoys consistent occupancy and provides immediate cash flow for investors.
Situated in the county, this mixed-use property offers flexibility, steady rental income, and room for long-term appreciation. Whether you're looking to expand your portfolio or add a stable income-producing asset, this property presents a rare opportunity to own a well-maintained, fully leased investment property with both residential and commercial components.
Call today for additional financial information and to schedule a private tour. Please allow 24 hr for showing notice because all units are occupied
Excellent investment opportunity featuring eight fully occupied one-bedroom apartments and a central retail space, all conveniently located on one level. The property is designed with four apartment units on each side of the retail space, creating an efficient layout and strong income potential.
Each apartment has been updated with luxury vinyl plank flooring and renovated bathrooms, offering tenants modern finishes and low-maintenance living. The property enjoys consistent occupancy and provides immediate cash flow for investors.
Situated in the county, this mixed-use property offers flexibility, steady rental income, and room for long-term appreciation. Whether you're looking to expand your portfolio or add a stable income-producing asset, this property presents a rare opportunity to own a well-maintained, fully leased investment property with both residential and commercial components.
Call today for additional financial information and to schedule a private tour. Please allow 24 hr for showing notice because all units are occupied
Location
State TN
County Bradley County
Interior
Flooring Luxury Vinyl
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Other
Private Pool false
Building
Story 1
Sewer Septic Tank
Water Public
Structure Type ICFs (Insulated Concrete Forms),Other
New Construction false
Schools
Elementary Schools Waterville Community Elementary School
Middle Schools Lake Forest Middle School
High Schools Bradley Central High School
Others
Senior Community false
Special Listing Condition Standard
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