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ATTENTION INVESTORS! Previous owner absolutely loved this property, but unfortunately was not able to realize her dreams of what she envisioned. All three units have long term tenants who also truly love their home! Find your favorite Agent and schedule your showing today! Fully leased triplex, each unit has two bedrooms and one bath. All units have long term tenants who are on a month to month lease. Rent was increased from $400/month to $800/month in August 2022. Tenants pay their own utilities, water is part of the electric bill. Each meter is separate with no owners panel. There is also seven large storage units and one small storage unit on the property, currently three are leased. Owner pays for lawn care and a security light on the property. Sitting on 1.83 acres, tons of potential! Unit 3 has all new LVP flooring throughout, new tile in the bathroom. Units 1 and 2 have new tile in the kitchen and bath. Unit 1 has a new tub/shower combo.

PROPERTY FEATURES

Parking Features: On Premise Parking
Cooling: Central Cooling Heating : Heat Pump, Central, Electric
Construction Materials: Vinyl Siding, Block, Frame
Appliances : Range, Refrigerator, Smoke Detector Flooring : Laminate, Carpet, Vinyl

PROPERTY DETAILS

Street Address: 7050-7064 Armory Rd
City: Newport
State: Tennessee
Postal Code: 37821
MLS Number: 1239924
Year Built: 1973
Courtesy of United Real Estate Solutions

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