380 Outer DrOak Ridge, TN 37830
- Apartment buildings
Property Details for 380 Outer Dr
- Year built
- 1943
- Property type
- Apartment buildings
Description
This beautifully remodeled duplex in Oak Ridge, Tennessee, presents a compelling investment opportunity. Located at 380 W Outer Dr, 37830, this 1943-built property offers two distinct units within a single building. Unit 380 features three spacious bedrooms and one and a half bathrooms, while Unit 382 provides two cozy bedrooms and one bathroom. Both units boast elegant hardwood floors and modern tile throughout, showcasing updated kitchens and bathrooms that blend style and functionality. Each unit includes a private deck, ideal for outdoor relaxation. The property also features a large, fenced backyard, providing ample space for outdoor activities. Current tenants are responsible for all utilities, minimizing management concerns. Projected net annual income is $31,000 (financial statement available, excluding October, November, and December data). Owner financing is available. This turnkey property is situated in a desirable Oak Ridge location, making it an attractive investment for both seasoned and new investors. The property is classified as a multifamily apartment building.
Location Insight
- City
- Oak Ridge
- County
- Anderson
- State
- Tennessee
- Latitude
- 36.0254
- Longitude
- -84.2667
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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