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6670 Waterlevel Highway

Cleveland, TN 37323
  • $889,999
  • STATUS: Active
  • ON SITE: 4 Days
  • MLS #: 20220196
New On Site 4 Days Ago
UPDATED: 27 min ago
$889,999
  • 0
    BEDS
  • 2.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,400
    SQFT
  • $62
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1975
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Looking for investment property? ALL REASONABLE OFFERS WILL BE CONSIDERED. This is a perfect opportunity. Currently this location is being used as a multipurpose retail/residential location. With 5 apartments, 4 1/1 ($2,600) apartments and 1 2/1 ($950/month) apartment currently all leased. Retail location on a busy highway offers great walk in business. 1800 sq ft of office space as well as 4,500 sq ft of warehouse space allows new investor to make maximum profits from this location. This property also offers 6 storage buildings ($600/month) currently leased out on the bottom floor. This commercial building offers over 14,000 sq ft with an additional 4,500 sq ft of warehouse space if the new owner decides to put in a second floor. Second floor is set up to add an additional 6 apartments with cutouts for doors and windows already in place around back. This building is 3 stories high with ground retail location ($1,500-$3,500/month) on the front side and 2 more floors on the back side. Currently everything is rented to max capacity. With 2.42 acres on a busy highway, located beside a busy convenience store, this property has a ton to offer with a new investor. Year round creek on back of property offers a nice location for residents to enjoy. Start earning profit right away and bring in return on your investment instantly.

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© 2022 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mark Hite Team | Real Estate Partners Chattanooga LLC. Data last updated: 2022-01-19T14:47:24.
www.markhitehomes.com/homes/124767159
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6670 Waterlevel Highway Cleveland, TN 37323

  • Price: $889,999
  • Status: Active
  • On Site: 4 Days
  • Updated: 27 min ago
  • MLS #: 20220196
0
Beds
0
Baths
0
½ Baths
2.42
Acres
14,400
SQFT
$62
$/SQFT
1975
Built
Neighborhood:
No Name
County:
Bradley
Area:
Bradley SE
Elementary School:
Park View
Middle School:
Lake Forest
High School:
Bradley County
Property Description
Looking for investment property? ALL REASONABLE OFFERS WILL BE CONSIDERED. This is a perfect opportunity. Currently this location is being used as a multipurpose retail/residential location. With 5 apartments, 4 1/1 ($2,600) apartments and 1 2/1 ($950/month) apartment currently all leased. Retail location on a busy highway offers great walk in business. 1800 sq ft of office space as well as 4,500 sq ft of warehouse space allows new investor to make maximum profits from this location. This property also offers 6 storage buildings ($600/month) currently leased out on the bottom floor. This commercial building offers over 14,000 sq ft with an additional 4,500 sq ft of warehouse space if the new owner decides to put in a second floor. Second floor is set up to add an additional 6 apartments with cutouts for doors and windows already in place around back. This building is 3 stories high with ground retail location ($1,500-$3,500/month) on the front side and 2 more floors on the back side. Currently everything is rented to max capacity. With 2.42 acres on a busy highway, located beside a busy convenience store, this property has a ton to offer with a new investor. Year round creek on back of property offers a nice location for residents to enjoy. Start earning profit right away and bring in return on your investment instantly.
Exterior Features

Construction Brick Number Of Stories Three Or More

Interior Features

1 Bedroom Estimated Sqft Each 750 1 Bedroom Units 1 BathMicrowaveBalcony/Patio/Deck/PorchRange/OvenRefrigerator 2 Bedroom Estimated Sqft Each 900 2 Bedroom Units 1 BathMicrowaveExtra StorageBalcony/Patio/Deck/PorchRange/OvenRefrigerator 3 Bedroom Estimated Sqft Each 7200 3 Bedroom Units 1 1/2 BathsExtra Storage Basement Full Cooling Air Conditioning Central Air Efficiency Units Extra Storage Floors CarpetTileWoodLaminate Heating ElectricCentral Number1 Bedroom Units 4 Number2 Bedroom Units 1 Number3 Bedroom Units 1 (Retail Space) Water Heater Electric Window Coverings None

Property Features

1 Bedroom Monthly Rental Each 650 2 Bedroom Monthly Rental Each 950 3 Bedroom Monthly Rental Each 1500-3500 Accept Financing CashConventional Efficiency Estimated Sqft Each 500 Efficiency Monthly Rental Each 100 Est Age Range 26-50 Years Features Additional StorageGarage/CarportCommon LaundrySmoke Detectors For Sale Rent Sale Hoa YN No Number Efficiency Units 6 (Storage Buildings) Owner Pays InsuranceElectricityExterior MaintenanceWaterTaxesRepairs Possession Negotiable Property Type Apartment Building Sewer Septic Tank Subdivision YN No Total Taxes 2849.62 Water Public

Listing provided courtesy of Sean Helms of Silver Key Realty-Athens.


© 2022 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mark Hite Team | Real Estate Partners Chattanooga LLC. Data last updated: 2022-01-19T14:47:24.
 
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The Mark Hite Team | Real Estate Partners Chattanooga LLC
525 W Main St.
Chattanooga TN, 37402
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