1403 Elrod Street SE, Cleveland, TN 37311
- $360,000
- 5
- BD
- 3
- BA
- 2,124
- SqFt
- List Price
- $360,000
- Status
- ACTIVE
- MLS#
- 1546032
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,124
Property Description
Two Properties. Three Income-Producing Units. One Incredible Investment Opportunity! Welcome to 1403 Elrod St SE, where immediate rental income meets exceptional investment potential! This rare multi-property offering includes 1405 Elrod St SE, providing investors with two extensively renovated properties and three income-producing units in one attractive package. Featuring a charming single-family home with 1 bedroom and 1 bathroom, along with a duplex, this unique opportunity offers versatility, established rental income, and long-term value. Both properties have undergone extensive renovations, showcasing durable LifeProof flooring, granite kitchen countertops, stylish tile backsplashes, and beautifully updated bathrooms complete with marble vanities and ceramic tile shower surrounds. What truly sets this investment apart is its established rental history! All three units are currently tenant occupied, with tenants boasting more than five years of rental history and exceptional payment records. Whether you are expanding your real estate portfolio or seeking an opportunity to eventually occupy one unit while generating income from the others, this turnkey investment offers the perfect combination of modern upgrades, consistent rental history, and future potential. Don't miss your chance to secure two properties and three income-producing units in one exceptional investment!
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Additional Information
- Exterior Features
- Rain Gutters
- Interior Features
- Ceiling Fan(s), Tub/shower Combo
- Roof
- Shingle
- Floors
- Vinyl
- Heating
- Electric, Zoned
- Cooling
- Central Air, Zoned
- Sewer
- Public Sewer
- Water
- Public
- Elementary School
- Blythe Bower Elementary
- Middle School
- Cleveland Middle
- High School
- Cleveland High
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Listing courtesy of Keller Williams Realty.