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About This Home
This 6-bedroom, 3-bathroom residential multi family at 2783 Island Road in Blountville, TN is listed for $240,000 ($400 per sqft). Built in 1948, the home offers 600 sqft of living space on a 0.51 acres lot.
Investment Opportunity in the Heart of Blountville! Centrally located in Blountville, this versatile mixed-use property offers multiple income streams and excellent potential for investors. The property features three residential rental units, each offering 2 bedrooms and 1 full bathroom.
Two units are equipped with efficient heat pumps, while the third utilizes baseboard heat and window units. Two of the residential units share a common laundry area, while the third enjoys its own private laundry space. Adding to the property's value is a retail/office lease space fronting Highway 394, providing excellent visibility and accessibility.
The commercial space includes a restroom and is ideal for a variety of business uses. With a desirable central location, established rental potential, and both residential and commercial income opportunities, this property presents a rare chance to expand your investment portfolio in the growing Blountville market. Don't miss this unique multi-unit, mixed-use property with strong income-producing potential.
Key Features
- Built in 1948
- 0.51 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$1,284/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2783 Island Road
Blountville, TN 37617
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 6-bedroom, 3-bathroom residential multi family at 2783 Island Road is listed at $240,000 ($400/sqft). The estimated monthly payment is $1,040 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 0.51 acre lot, 2 stories.
This property is listed by Hannah Powell and can be reached at 4233583286 or powellhannah100@gmail.com.
