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[description] => **Attention Investors!** Check out this triplex in a prime location near Tennessee Tech, situated on a spacious 0.37-acre lot. The property is positioned at the front of the lot and is zoned RD. This 2,124 sq ft triplex features two 1-bedroom, 1-bathroom units on the ground level and one 2-bedroom, 1-bathroom unit on the second floor. Each unit is equipped with its own electric meter, and tenants are responsible for their electricity usage. The owner covers the water bill. All units are currently occupied, providing immediate rental income. The property benefits from a new roof plus new water heaters for each unit. The gross annual income for this property is $19,800. To schedule a viewing, please call us today. Kindly note that a 24-hour notice is required for all appointments. *All information is deemed reliable but is not guaranteed and should be independently verified.
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[directions] => FROM I-40: Take Exit 287. Turn RIGHT onto Jefferson Ave. Turn LEFT onto Jackson St. Turn RIGHT onto S Cedar Ave. Property will be on your RIGHT. Sign on Property.
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Exterior Details
ConstructionFrame, Vinyl Siding
Built In1934
Lot Dimensions70 x 237 IRR
$285,000
338 S Cedar Ave
Cookeville,
Tennessee38501
2,124sq. ft.
**Attention Investors!** Check out this triplex in a prime location near Tennessee Tech, situated on a spacious 0.37-acre lot. The property is positioned at the front of the lot and is zoned RD. This 2,124 sq ft triplex features two 1-bedroom, 1-bathroom units on the ground level and one 2-bedroom, 1-bathroom unit on the second floor. Each unit is equipped with its own electric meter, and tenants are responsible for their electricity usage. The owner covers the water bill. All units are currently occupied, providing immediate rental income. The property benefits from a new roof plus new water heaters for each unit. The gross annual income for this property is $19,800. To schedule a viewing, please call us today. Kindly note that a 24-hour notice is required for all appointments. *All information is deemed reliable but is not guaranteed and should be independently verified.