Description
A rare find ! This 5 unit rental property is located in Lincoln Park, situated near Downtown and the University of Tennessee. Restaurants, schools, churches and shopping are conveniently located and within walking distance. This investment property is positioned on a corner lot and features spacious main-level units with high ceilings and hardwood floors. Key property highlights include: - Upgrades: Some Electrical and plumbing systems were updated in 2025, - New water heater in each unit. -Separate water meters were installed by KUB with new water lines to each unit in 2025-2026. -Low-maintenance siding. -Newer roof - Financials: The property grossed over $47,520 in 2025. - Leasing: Units are currently on month-to-month leases. Unit 5 is vacant needing repairs from water intrusion that has since been remedied. - Amenities: The site provides off road ample parking and a large rear storage building for the owner's use.
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0BEDS
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0.29ACRES
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0BATHS
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01/2 BATHS
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3,618SQFT
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$139$/SQFT
School Information
Description
A rare find ! This 5 unit rental property is located in Lincoln Park, situated near Downtown and the University of Tennessee. Restaurants, schools, churches and shopping are conveniently located and within walking distance. This investment property is positioned on a corner lot and features spacious main-level units with high ceilings and hardwood floors. Key property highlights include: - Upgrades: Some Electrical and plumbing systems were updated in 2025, - New water heater in each unit. -Separate water meters were installed by KUB with new water lines to each unit in 2025-2026. -Low-maintenance siding. -Newer roof - Financials: The property grossed over $47,520 in 2025. - Leasing: Units are currently on month-to-month leases. Unit 5 is vacant needing repairs from water intrusion that has since been remedied. - Amenities: The site provides off road ample parking and a large rear storage building for the owner's use.
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