605 Lake DR #A, Oneida, TN 37841
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605 Lake DR #A, Oneida, TN 37841
605 Lake DR #A, Oneida, TN 37841
605 Lake DR #A, Oneida, TN 37841
605 Lake DR #A, Oneida, TN 37841
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CIC Tennessee

CIC Tennessee

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$ 540,000
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Price Dropped by $10K

605 Lake DR #A Oneida, TN 37841

7,576 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,576 sqft

Price per Sqft $71

Subdivision Ponderosa Estates

MLS Listing ID 1323587

Year Built 1967

Lot Size 3.670 Acres

Acres 3.67

Lot Dimensions IRR

Source East Tennessee REALTORS® MLS

Property Description

Now this is something special! Come see what opportunity looks like in Oneida, TN—close to the golf course and airport. There are endless possibilities here! Imagine your own gigantic family facility, equipped with four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. This could be your income-producing home base! All of this on 3.6 Acres, so there's lots of room for everyone to spread out and enjoy being on the Lake! The list of awesome features here could go on and on, but don't wait - call today for your personal showing! Attention INVESTORS! This could be a cash cow! With six rental units already in place, converting the main house into additional units would be easy, and overnight rentals would pose no problem. opportunity to be creative! Gross income projections as long-term rental $65,000-$84,000 per year, as STR $75,000-$100,000! Whatever your heart's desire, this is an amazing opportunity!

Priced below tax appraisal!

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Location

State TN

County Scott County - 36

Area 159865.0

Rooms

Other Rooms Addl Living Quarter, Mstr Bedroom Main Level

Interior

Heating Central, Natural Gas, Electric

Cooling Central Cooling

Flooring Laminate, Hardwood, Tile

Appliance Refrigerator

Heat Source Central, Natural Gas, Electric

Exterior

Exterior Feature Balcony

Parking Features Off-Street Parking, On Premise Parking

Garage Spaces 1.0

Garage Description Off-Street Parking, On Premise Parking

Roof Type Shingle

Total Parking Spaces 1

Garage Yes

Building

Faces 63 West to Hwy 27 North-Right to Underpass Drive-Right at the three way stop-Go straight into Ponderosa Est.-Turn left at 605 South Lake Drive-the house shares a drive with other house---go to the last house.

Structure Type Block,Frame,Other

Others

Tax ID 061L B 008.00

Energy Description Electric, Gas(Natural)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Honors Real Estate Services LLC

NEARBY SCHOOLS & PROPERTIES

CIC Tennessee

CIC Tennessee

Broker | License ID: 231726

+1(833) 242-7007

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605 Lake DR #A

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