0.73 Acres in Oak Ridge, TN - $685,000

Multi-Family - Oak Ridge, TN

Finally a fully renovated multi-family option in Oak Ridge that is ready for you to place tenants. The two end units are 3/1's and the middle two units are 2/1's. 3 of the 4 units have laundry hook-ups. Unlike any other small multi-family option in Oak Ridge, this complex has quartz countertops, stainless appliances, tankless water heaters, LVP flooring throughout, soft close cabinets, tiled showers, and board and batten siding. Each unit has off street parking, front and back decks, and a huge backyard for pets. The renovation passed Oak Ridge's rigorous permitting process for electrical, plumbing, mechanical, insulation, and framing. Each unit is metered separately and tenants can pay their own utilities. Rental estimates from a property manager are $1,600 for the 3/1's, $1,400 for the 2/1 with laundry and $1,300 for the 2/1 without laundry for a total of $5,900.