659 7th Street A&B, Newport, TN 37821
- $235,000
- 2
- BD
- 2
- BA
- List Price
- $235,000
- MLS#
- 712486
- Status
- ACTIVE
- Type
- Multifamily
- City
- Newport
- County
- Cocke
- Bedrooms
- 2
- Bathrooms
- 2
- Lot Size
- 4,356
- Year Built
- 1955
- DOM
- 1
Property Description
Great Opportunity for Investors or buyers wanting a turnkey rental! Fully leased duplex generating $1400/per month with documented rental history and consistent occupancy for the past two years. Each renovated 1 bedroom, 1 bath unit features modern, neutral finishes, vinyl plank flooring throughout, updated kitchen cabinets and appliances. In addition, Unit 1 was a total and complete renovation including new wiring, plumbing, walls, and windows. The property has a new roof and new mini-split HVAC systems less than 3 years old. This property is conveniently located in Newport City limits within walking distance from Newport Grammar School. This property offers immediate cash flow with minimal maintenance needed. Current rents provide stable cash flow with potential for future rental growth.
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Additional Information
- Acres
- 0.10
- Appliances
- Electric Oven, Electric Water Heater, Refrigerator
- Cooling
- Ceiling Fan(s), Ductless, Electric
- Exterior Features
- Rain Gutters
- Lot Description
- City Lot
- Lot Dimensions
- 50x90x50x90
- Year Built
- 1955
Mortgage Calculator
Agent: Lisa Ann Herndon |
Office: Keller Williams Properties |