It's almost impossible to find a 8.7 Cap rate investment property these days. This 4-unit, two bedroom, one bath quadraplex was completely stripped to the studs and renovated inside and out in 2024. Each unit is around 600 sq ft with a living room, modern kitchen, updated bathroom and two bedrooms. Income is $3,985 per month. While these are not new construction, you would be hard pressed to know it from their appearance and quality of construction. You really must see them to understand how well they have been updated and maintained.
Listing Courtesy of RIVER COUNTIES / Listed By: Adam Hammond, Bender Realty
$254,900 (USD)
Cleveland Area Townhouse
Active
254 Ramsey Street NE Cleveland, TN 37312
2 Bed
3 Baths
1226 sqft
MLS# 20262728
LOCATION, LOCATION, LOCATION!
Move-in ready 2 bedroom, 2.5 bath end-unit townhome conveniently located in the heart of Cleveland, TN! Priced to sell and offering a great combination of comfort and location, this home features hardwood floors throughout the main level, carpet upstairs, and a functional layout perfect for everyday living.
Both bedrooms include their own private full bathrooms, providing ideal privacy for roommates, guests, or family. Enjoy the fenced-in backyard with additional outdoor space and the added privacy of being an end unit. Conveniently located close to shopping, dining, schools, and everything Cleveland has to offer.
Don't miss this opportunity!
Listing Courtesy of RIVER COUNTIES / Listed By: Adam Hammond, Bender Realty
