1242 Ladd Springs Road SE, Cleveland, TN 37323

$750,000

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List Price
$750,000
Status
ACTIVE
MLS#
20263102
Price Change
▼ $50,000 1782930777
Days on Market
44
Style
Ranch

Property Description

Income-Producing Investment Opportunity with Retail Space Excellent investment opportunity featuring eight fully occupied one-bedroom apartments and a central retail space, all conveniently located on one level. The property is designed with four apartment units on each side of the retail space, creating an efficient layout and strong income potential. Each apartment has been updated with luxury vinyl plank flooring and renovated bathrooms, offering tenants modern finishes and low-maintenance living. The property enjoys consistent occupancy and provides immediate cash flow for investors. Situated in the county, this mixed-use property offers flexibility, steady rental income, and room for long-term appreciation. Whether you're looking to expand your portfolio or add a stable income-producing asset, this property presents a rare opportunity to own a well-maintained, fully leased investment property with both residential and commercial components. Call today for additional financial information and to schedule a private tour. Please allow 24 hr for showing notice because all units are occupied

Additional Information

Exterior Features
None
Interior Features
Ceiling Fan(s)
Lot Desc
Level
Garage Desc
Asphalt
Cooling
Ductless
Sewer
Septic Tank
Water
Public, Well
Elementary School
Waterville
Middle School
Lake Forest
High School
Bradley Central

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Kinard Realty.