2861 Michigan Ave Rd Ne, Cleveland, TN 37323

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List Price
$799,900
Price Change
▼ $100,000 1790038897
Status
ACTIVE
MLS#
3510679
Sq. Ft
4,948
Year Built
1997
Subdivision
No

Property Description

Excellent investment opportunity to own a fully tenant-occupied 5-unit townhouse property in a desirable, high-demand location. Each spacious unit features 2 bedrooms and 1.5 bathrooms with a functional townhouse-style layout that offers comfortable living and strong tenant appeal. With all five units currently occupied, this turnkey property provides immediate rental income and has a strong rental history. Conveniently located near shopping, restaurants, schools, and other everyday amenities, the property is well positioned for continued rental demand and long-term investment potential. Partial owner financing is available, offering qualified buyers additional flexibility when structuring the purchase. Don't miss this opportunity to add a stable, income-producing multifamily property with an established tenant base to your investment portfolio. Financial information is available upon request.

Additional Information

Price Per Sqft
$161
Days on Market
56
Stories
2
Roof
Shingle
Heating
Central
Cooling
Central Air
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Experience.

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