2048 Railroad StDayton, TN 37321

Property Details for 2048 Railroad St

Year built

2008

Lot size

0.30 AC

Property size (Sq ft)

4,640 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 8-unit apartment building, located at 2048 Railroad St, Dayton, TN 37321, presents a compelling investment opportunity. Built in 2008, this property comprises two, two-story buildings situated on a 0.3-acre lot, totaling 4,640 square feet of net rentable space. Each of the eight units offers a comfortable and well-designed layout, ideal for individuals or couples. The property's prime location in Dayton, Rhea County, provides convenient access to shopping, dining, and medical facilities, ensuring consistently high tenant demand. With a strong rental history and significant potential for future appreciation, this multifamily investment offers a secure and profitable return. The asking price is $725,000, translating to $156.25 per square foot and $90,625 per unit. This owner/user investment is an excellent addition to any portfolio seeking stable income and long-term growth in a desirable Tennessee market. The property's strong performance and location make it a truly attractive investment opportunity.

Location Insight

City

Dayton

County

Rhea

State

Tennessee

Latitude

35.5048

Longitude

-85.0082

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