354 Poplar Street, Soddy Daisy, TN 37379

$274,900
5
BD
2
BA
1,600
SqFt

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List Price
$274,900
Price Change
▼ $15,000 1790632831
MLS#
1541935
Bedrooms
5
Sq. Ft
1,600
Acres
0.42
Year Built
1950

Property Description

ONE UNIT ALREADY PRODUCING INCOME. THE OTHER MOVE-IN READY. NOW $274,900. Take another look at 354 Poplar Street--a two-unit investment opportunity in Soddy Daisy offering approximately 1,600 total square feet, separate utility meters, an existing tenant and a vacant unit ready for its next occupant. UNIT A | 3 BEDROOMS + 1 BATH Previously updated and currently tenant occupied, Unit A offers three bedrooms, one full bath, its own living room and kitchen. With an existing tenant already in place, the next owner can step into an established rental rather than beginning with two vacant units. UNIT B | 2 BEDROOMS + 1 BATH Unit B offers two bedrooms, one full bath, its own living room and kitchen. Fresh paint throughout gives this side a clean, refreshed feel and makes it move-in ready--giving the next owner the flexibility to place a new tenant and establish a second income stream or consider an owner-occupied investment strategy. SEPARATE METERS + INDIVIDUAL STORAGE Each residence is separately metered, helping keep tenant utility responsibilities clearly defined and simplifying ongoing management. Each unit also has its own detached storage shed, providing valuable additional storage for residents. And this isn't your typical duplex setting. The property offers ample off-street parking, a large backyard and beautiful mountain views, creating a quiet, peaceful residential setting that can help distinguish it from other rental options. For an investor, the opportunity is straightforward: one property, two rental units, existing income on one side and a refreshed second unit ready for occupancy. Separate meters, individual storage and the ability to choose the next tenant for Unit B add even more flexibility. For an owner-occupant, there's another possibility--live in one residence while receiving rental income from the other and begin building a real estate portfolio from home. NOW OFFERED AT $274,900 -- A $15,000 PRICE REDUCTION. Unit B is available to to

Additional Information

Style
Ranch
Exterior
Other, Vinyl Siding
Interior
Plumbed, Eat-in Kitchen
Roof
Shingle
Floors
Carpet, Linoleum, Vinyl
Foundation
Slab
Basement
Crawl Space
Appliances
Free-Standing Electric Range, Free-Standing Refrigerator, Water Heater
Exterior Features
None
Community Features
None
Lot Description
Level
Pool Description
None
Cooling
Central Air, Electric
Heating
Central, Electric, Varies by Unit
Elementary School
Daisy Elementary
Middle School
Soddy-Daisy Middle
High School
Soddy-Daisy High
Financing Available
Cash, Conventional

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.