308 Lee Drive, Crossville, TN 38555
$414,929
Property Type:
Multi-Family
Status:
Active
Current Price:
$414,929
List Date:
3/15/2024
Last Modified:
5/06/2024
Description
UNIQUE OPPORTUNITY! W/ 3,000+ sq ft, this home has been converted from a single family residence to an income producing duplex. Maintain rental income on one unit & reside in the other, increase rental income & rent both units, convert back to a single family residence, or take advantage of the multi-generational living opportunity w/ double living, kitchen, & private entrances! 2-car attached garage conveniently located on one end w/ open parking on the other. Rock garden beds & water features adorn the front/side yard, w/ plenty of open space out back. Interior of the home has been remodeled & renovated. Unit 1 features 1 bd, 1 ba w/ a full kitchen, dining, & living w/ mini-split heating/cooling. Unit 2 features 1.5 levels w/ 3 bd, 2 ba w/ a full kitchen, dining, & living w/ central heat/air - monthly income is $1,550/m, includes utilities, & is leased until Feb 2025. Appliances convey. Currently 1 meter - 2nd can be added. ROOF INSTALLED 2022, HVAC & water heater approx 5 y/o.
More Information MLS# 1255903
Location, Tax & Legal Info
House #: 308
Street Name: Lee
St Suffix: Drive
State/Province: TN
Zip Code: 38555
Area: Cumberland County - 34
City/County Code: County
PIN #: 125E B 008.00
Subdivision: Shiloh
Elementary School: South Cumberland
Middle School: South Cumberland
High School: Cumberland County
Total Tax: 634.47
Geo Lat: 35.918991
Geo Lon: -85.054069
Contract Info
Auction Y/N: No
Listing Price: 414929
Current Price: $414,929
Status: Active
Listing Date: 2024-03-15
Cooperation Comp: 2.5
Compensation Type: %
General Property Description
Lot Dimensions: 258.73x150 IRR
Number of Units: 2
# Units Leased: 1
Year Built: 1973
Property Status: N/A
Driveway: 2 separate driveways
Remarks & Misc
Directions: From CCCH: SE on US-127N, R on W 2nd St, L on US-70E, continue on Azalia Ave, R on W Adams Ct, continue on Lantana Rd, R on Kearney Dr, L on Lee Dr.
Public Remarks: UNIQUE OPPORTUNITY! W/ 3,000+ sq ft, this home has been converted from a single family residence to an income producing duplex. Maintain rental income on one unit & reside in the other, increase rental income & rent both units, convert back to a single family residence, or take advantage of the multi-generational living opportunity w/ double living, kitchen, & private entrances! 2-car attached garage conveniently located on one end w/ open parking on the other. Rock garden beds & water features adorn the front/side yard, w/ plenty of open space out back. Interior of the home has been remodeled & renovated. Unit 1 features 1 bd, 1 ba w/ a full kitchen, dining, & living w/ mini-split heating/cooling. Unit 2 features 1.5 levels w/ 3 bd, 2 ba w/ a full kitchen, dining, & living w/ central heat/air - monthly income is $1,550/m, includes utilities, & is leased until Feb 2025. Appliances convey. Currently 1 meter - 2nd can be added. ROOF INSTALLED 2022, HVAC & water heater approx 5 y/o.
Status Change Info
Status Change Date: 2024-03-15
Garage/Parking
Garage Spaces: 2
Property Features
Property Sub-Type: Duplex
Type of Units: 1 Bedroom Unit; 3 or more Bdrm Units
Sale Includes: Building and Land
Floors: Laminate; Tile
Tenant Expenses: Tenant Pays No Util
Owner Expenses: Electricity; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Water
Fuel: Electric
Heat: Central; Heat Pump; Other
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Microwave; Range; Refrigerator
Construction: Frame
Roof: Composition
Siding: Stone; Vinyl
Garage/Parking: Attached; On Premise Parking
Exterior Features: Deck; Patio; Porch - Covered; Windows - Vinyl
Misc Features: Cathedral Ceiling; Internet Available; Walk-in Shower; Washer/Dryer Connect
Other Rooms: Family Room; Mstr Bdrm Main Level; Office
Miscellaneous: Patio; Porch; Washer/Dryer Cnctns
New Financing: Cash; Conventional; FHA; VA Loan
Listing Office: Skender-Newton Realty
Office Phone: 931-261-9001
Last Updated: May - 06 - 2024
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