INVESTMENT OPPORTUNITY!!! 10% cap rate with $6,330 Rent Roll at full capacity! With just over 10 acres including road access from Hwy 22 and Tumbling Creek Rd, and only 4 minutes from Bethel University, this property is ready for expansion! The house consists of 3 bed/ 2 baths with the apartment consisting of 1 bed/ 2 baths. Building A has 6 units with a shared kitchen and laundry room. Building B has 4 units with a shared kitchen, dining room and laundry area. 10.1 acres provides ample space to build additional units. 3.4 miles from Bethel University makes this a great place to build! Property Management company in place with onsite support for cleaning and tenant communication.
Sold
$450,000
1774 Highway 22, Mc Kenzie, TN 38201
--beds
--baths
7,277sqft
Multi Family
Built in 1970
-- sqft lot
$505,600 Zestimate®
$62/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 08:23pm
Listed by:
Justin McMasters 615-617-7787,
Tennessee Real Estate Company
Bought with:
Justin McMasters, 366873
Tennessee Real Estate Company
Source: Tennessee Valley MLS ,MLS#: 128038

Facts & features
Interior
Heating
- Wall Unit(s), Central/Electric
Cooling
- Central Air, Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Flooring: Carpet, Ceramic Tile, Laminate
Interior area
- Total structure area: 7,277
- Total interior livable area: 7,277 sqft
Property
Parking
- Parking features: Off Street
Features
- Fencing: None
Lot
- Size: 10.10 Acres
- Dimensions: 10.1 Acres
- Features: Wooded, Other, 10-24.9 Acres
Details
- Parcel number: 007.00 & 007.11
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Brick, Vinyl Siding
- Roof: Composition
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Septic Tank
- Water: Well, Shared Well
Community & neighborhood
Location
- Region: Mc Kenzie
- Subdivision: None
Services availability

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