146 Lancaster RdOak Ridge, TN 37830

Description

WELL LOCATED 4PLEX IN OAK RIDGE - CORNER LOT - TENANTS PAY ALL UTILITIES Investor opportunity featuring four 2-bedroom, 1-bath units. Tenants pay all utilities, and each unit offers washer/dryer hookups, a rear porch, and access to a gated yard. Two units are currently leased, with all tenants month-to-month. Unit 146 was remodeled in June 2024 with new cabinets, LVP flooring, and updated bathroom fixtures, while another unit is ready for a full rehab. The roof was replaced in June 2020. Conveniently located just 7 minutes from Walmart, Chick-fil-A, and other everyday amenities, with easy access to Oak Ridge National Laboratory and Y-12, approximately 15 minutes away. A strong location for attracting tenants and an excellent opportunity to add value through renovations. No sign on property. We respectfully ask that you do not disturb the residents.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1943

Building area

2,712 Sq Ft

Lot size

0.47 acres

Lot dimensions

175'x114'x161'x88'

Days on market

1

MLS^® Listing#

1355827

Property Features

Interior

Master Downstairs

Appliances

Dishwasher · Range · Refrigerator

Cooling

Central Air

Heating

Central · Natural Gas · Electric

Flooring

Laminate · Vinyl · Tile

Parking

On Street · On Site

Patio

Patio

Construction

Vinyl Siding · Frame

Roof

Composition

Parcel number

099P E 04300 000

Directions

Take I-40 W and take Exit 376 toward Oak Ridge. Merge onto Pellissippi Pkwy. After 4.6 miles, veer right onto TN-62 W and continue for 6.3 miles. Turn left onto Oak Ridge Turnpike and follow for 1.3 miles. Turn right onto Louisiana Ave. After 0.2 miles, turn right onto Lancaster Rd. The 4-plex will be on your left. No sign on property. Please don't disturb residents.