- Well-maintained properties on the same large lot.
- These roomy investment properties were built in 2014.
- Feature one-level, open floor plan, single-car garages, and easy-cleaning, allergy-free porcelain tile throughout.
- Each unit includes two bedrooms and two baths with large vanities.
- The larger bedrooms have two closets and the larger bathroom has an accessible shower.
- All units have a large laundry room/pantry.
- Wired for high-speed Internet for working from home.
- Extra guest parking is available.
- Each unit also has a covered front porch, and there is a nice private backyard with a picnic table for all units.
- Best of all, these units are located on a quiet corner lot but are within walking distance of downtown Ringgold schools, shopping, and dining.
- Sold together as a package deal; will not sell separately.
- Call to schedule your private showing today!
- Also, please be aware that sellers have been generous in setting rent low in recent years.
- While the current gross rents are about $5,000 per month, the fair market monthly rent for these units is estimated to be closer to $6,750 per month.
- Sellers are in the process of gradually raising rents accordingly.
- Updated On:
- November 7, 2023
- 8 Bedrooms
- 8 Bathrooms
- 4,688.00 ft2
- Year Built: 2014
Property Id : 61392
Price: Asking $ 725,000
Property Size: 4,688.00 ft2
Property Lot Size: 20,473.00 ft2
Year Built: 2014
Garage Size: 4
External Construction: Cement Fiber Siding
Rent (mo): 6750
ROI (ann): 25.2
Cashflow (mo): 1192
Property Taxes (mo): 340
Insurance (mo): 395
Repairs (mo): 75
Management Fee (mo): 500
Leasing Fee (ann): 1875
HOA (mo): 0
Vacancy Rate (ann): 48
$ 4,343.12per month
- Principal and Interest
- Property Tax
- HOA fee