$575,000
FOR SALE508 E Central Ave, LaFollette, TN 37766
LaFollette, Tn, 37766
MLS #1344805
Subdivision: -
Building: -
- Beds
-/- Baths
- sqft
$ - /sqft
Remodeled 7-Unit Opportunity -- Two-Building Complex in Prime Norris Lake AreaInvestors, don't miss this turnkey income property with strong upside. This recently updated, two-building, 8-unit complex combines modern finishes with a hassle-free management profile -- ideal for multifamily portfolios or short-term rental operators looking to scale quickly.Highlights:- Eight fully renovated units across two buildings, thoughtfully updated for durability and market appeal.- Immediate cash flow: active rentals in place with attractive historical occupancy; excellent potential to increase rents or convert additional units to short-term stays.- Outstanding location: minutes from Norris Lake and close to ATV trails, camping, boating and outdoor recreation -- a major draw for vacationers and outdoor enthusiasts.- Excellent accessibility: conveniently located off the interstate with quick access to Lafollette, TN amenities including shops, dining, and services.- Investment-friendly pricing designed to facilitate a smooth transaction and fast close.Why this works for investors:- Dual use potential -- stable long-term rental income now, with strong seasonal demand for STRs.- Recent renovations reduce near-term capex and lower maintenance headaches.- Location draws both local renters and short-term guests year-round thanks to nearby recreation and easy highway access.This property is priced to move and presents a rare combination of current income, reduced immediate expense, and proven demand drivers. Contact me today to schedule a showing.
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Listing Courtesy of: United Real Estate Solutions
