354 Poplar Street, Soddy Daisy, TN 37379

$274,900
5
BD
2
BA
1,600
SqFt

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List Price
$274,900
Price Change
▼ $15,000 1790632831
MLS#
1541935
Status
ACTIVE
Type
Multifamily
City
Soddy Daisy
County
Hamilton
Bedrooms
5
Bathrooms
2
Living Area
1,600
Lot Size
18,132
Year Built
1950

Property Description

ONE UNIT ALREADY PRODUCING INCOME. THE OTHER MOVE-IN READY. NOW $274,900. Take another look at 354 Poplar Street--a two-unit investment opportunity in Soddy Daisy offering approximately 1,600 total square feet, separate utility meters, an existing tenant and a vacant unit ready for its next occupant. UNIT A | 3 BEDROOMS + 1 BATH Previously updated and currently tenant occupied, Unit A offers three bedrooms, one full bath, its own living room and kitchen. With an existing tenant already in place, the next owner can step into an established rental rather than beginning with two vacant units. UNIT B | 2 BEDROOMS + 1 BATH Unit B offers two bedrooms, one full bath, its own living room and kitchen. Fresh paint throughout gives this side a clean, refreshed feel and makes it move-in ready--giving the next owner the flexibility to place a new tenant and establish a second income stream or consider an owner-occupied investment strategy. SEPARATE METERS + INDIVIDUAL STORAGE Each residence is separately metered, helping keep tenant utility responsibilities clearly defined and simplifying ongoing management. Each unit also has its own detached storage shed, providing valuable additional storage for residents. And this isn't your typical duplex setting. The property offers ample off-street parking, a large backyard and beautiful mountain views, creating a quiet, peaceful residential setting that can help distinguish it from other rental options. For an investor, the opportunity is straightforward: one property, two rental units, existing income on one side and a refreshed second unit ready for occupancy. Separate meters, individual storage and the ability to choose the next tenant for Unit B add even more flexibility. For an owner-occupant, there's another possibility--live in one residence while receiving rental income from the other and begin building a real estate portfolio from home. NOW OFFERED AT $274,900 -- A $15,000 PRICE REDUCTION. Unit B is available to to

Additional Information

Acres
0.42
Appliances
Free-Standing Electric Range, Free-Standing Refrigerator, Water Heater
Basement
Crawl Space
Cooling
Central Air, Electric
Exterior Features
None
Floors
Carpet, Linoleum, Vinyl
Living Area
1,600
Lot Description
Level
Style
Ranch
View
Mountain(s)
Year Built
1950

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Calculator source: Real Geeks

Agent: Kim Doremus | imkim@kw.com

Office: Keller Williams Realty | 423-664-1600