101 Blythe Ferry RdCleveland, TN 37312

Property Details for 101 Blythe Ferry Rd

Year built

1970

Lot size

0.93 AC

Property size (Sq ft)

6,514 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a stabilized, seven-unit apartment building located at 101 & 103 Blythe Ferry Road NE in Cleveland, Tennessee. The property consists of two, two-story buildings totaling 6,514 square feet on a 0.93-acre lot. Built in 1970, this multifamily complex boasts a 100% occupancy rate, offering immediate cash flow. Each of the seven units features two bedrooms and one and a half bathrooms, providing comfortable living spaces ideal for families or professionals. The property is zoned for multi-family use and benefits from its prime location near Greenway Park, offering residents convenient access to outdoor recreation, shopping, and dining options. The asking price is $1,119,300, translating to a price per square foot of $171.83. The property's strong performance and desirable location make it an attractive investment for those seeking a stable and profitable venture in the Cleveland, Tennessee market. The property's parcel number is 042g H 001.02. This is a turnkey investment with no broker co-op required.

Location Insight

City

Cleveland

County

Bradley

State

Tennessee

Latitude

35.191

Longitude

-84.8509

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