6-2BR units, 4-1BR units, 6-Efficiency units, 1-2BR house, and 1-2BR above garage unit in the heart of town on 1.06 Acres within walking distance to Dollar General. At full occupancy on apts and house, and just 25% occupancy on the efficiency units, rental income is $85,000+ per year. And that factors in one 2BR unit dedicated to the On-Site Manager who is paid $100 per week, plus free rent. With an average of $53,000 in expenses, your payback period on this investment is less than 20 years.
† Based on a 30-year fixed rate of 3.38% 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.
located at 912 Stanley Street, Crossville, TN
is currently for sale.
912 Stanley Street, Crossville is listed
CENTURY 21 Real Estate
This property has approximately 9,676 square feet. The property was built in 1980.
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