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Property Description
* * Previously appraised for over $500, 000! * * Income-producing duplex near MTSU generating approximately $4, 650 per month in combined income, offering an estimated 11% cap rate at a $500, 000 purchase price. Unit 1408 features 3 bedrooms, 1.5 bathrooms, and a bonus room and is currently leased for $1, 900 per month through October 2026. Unit 1406 features 2 bedrooms and 1 bathroom and is being operated as a fully furnished Airbnb, generating approximately $2, 750 per month. Approximately $12, 000 in furnishings are negotiable. Major improvements include an HVAC system replaced in 2022 and a new sewer line. The roof is less than 11 years old. There is a assumable loan available at approximately 5.063%. The property is located in a flood zone; however, the seller reports no history of flooding. An excellent opportunity to house-hack, expand your rental portfolio, or own a strong-performing investment property near MTSU. Owner / Agent.






















