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ATTENTION INVESTORS! 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!

PROPERTY FEATURES

Water Source : Public Sewer Source : Septic Tank, Septic Permit Not Found
Road Frontage Type : State Road Road Surface Type : Paved

PROPERTY DETAILS

Street Address: 7050-7064 Armory Road
City: Newport
State: Tennessee
Postal Code: 37821
County: Cocke
MLS Number: 263438
Courtesy of United Real Estate Solutions

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