4,316 sq. ft.
35.821727 -83.947

314 Russell Rd Rockford, TN 37853

Est. Monthly $1,419 with $1,768 in taxes recalculate
4,316 sf

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CENTURY 21 Real Estate Group
205 Foothills Mall Drive
Maryville, TN 37801
CENTURY 21 Real Estate Group
205 Foothills Mall Drive Maryville, TN 37801
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314 Russell Rd
Rockford, TN 37853

Explore This Property

Multi-Family (2-4 Units) - Investor Opportunity with 4 single family homes on 4 separate parcels! These homes are turn key, professionally managed by a real estate firm, no repairs currently needed, would make great investment income starting from the first day of ownership. Tenants pay all utilities, approximately $34,800 gross income per year, $2900 per month, taxes approx $1768 per year and insurance approx $1800 per year. Total tax value of $286,400. Potential Cap Rate after 10% management and 10% vacancy/repairs approximately 9.71% Call for details and to schedule your personal tour today. Occupied, do not disturb tenants.
MLS # 991005

Property Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Porch, Wired
  • Appliances: Dishwasher, Oven, Refrigerator
  • Architecture Style: Other
  • Cooling System: Ceiling Fan(s), Central A/C
  • Exterior Type: Block, Brick
  • Floor Covering: Carpet, Tile, Vinyl
  • Parking Type: Garage - Attached, Underground/Basement
  • Roof Type: Unknown
  • Rooms: Dining Room, Office

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $1,419Your estimated monthly payment
    $50,00020% Down Payment
    $250,000 $225,000 $1,768
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    Grades PRESCHOOL-5 | Public School

    ROCKFORD, TN 37853

    Total Students 430
    Student Teacher Ratio 15:1

    School Rating

    3 stars View School Details
    Middle School
    Grades 6-8 | Public School

    MARYVILLE, TN 37804
    2610 CINEMA DR

    Total Students 375
    Student Teacher Ratio 12:1

    School Rating

    1 star View School Details
    High School
    Grades 9-12 | Public School

    MARYVILLE, TN 37804

    Total Students 1572
    Student Teacher Ratio 17:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Clayton-bradley Academy 0.6 mi Private K-12
    Eagleton Elementary School 2.1 mi Public PRESCHOOL-5
    New Horizon Montessori School 2.2 mi Private PRESCHOOL-6
    Alcoa Middle School 2.6 mi Public 5-8
    Alcoa Elementary School 2.6 mi Public PRESCHOOL-2
    Alcoa High School 2.8 mi Public 9-12
    John Sevier Elementary School 3.6 mi Public PRESCHOOL-3
    Everett Learning Center 3.8 mi Public 6-12
    Maryville Sda 3.9 mi Private 2-8
    School Of Hope 4.1 mi Private -
    Coulter Grove Intermediate School 4.2 mi Public 4-7
    Porter Elementary School 4.5 mi Public K-5
    House Of Courage 4.7 mi Private 9-12
    Bonny Kate Elementary School 5.0 mi Public PRESCHOOL-5
    Peninsula Village School 5.7 mi Private 7-12
    South Doyle High School 5.8 mi Public 9-12
    Heritage Middle School 6.2 mi Public 6-8

    Local Area Information for Rockford, TN 37853

    Median Age: 43.5
    Married: 42.6%
    Number of Households: 1,371
    Households with Children: 361
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Knoxville Area Association of Realtors ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Multi-Family (2-4 Units) located at 314 Russell Rd, Rockford, TN 37853 is currently for sale. 314 Russell Rd, Rockford is listed for $250,000. This property has approximately 4,316 square feet. If the property located at 314 Russell Rd, Rockford, TN isn't what you're looking for, search Tennessee real estate to see other houses for sale in Rockford.