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492 Oak St, Clarksville, TN 37042
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$350,000
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Home Details for 492 Oak St
Price
$350,000
Type
Multi Family
Year Build
1965
Sq. Ft.
2668
County
Montgomery
Tax
$1,512
MLS®️ Listing#
2800728
On exitrealty.com
224 days
Property Description
Investment Opportunity in a Growing Area! Don’t miss this fantastic opportunity to own a newly renovated triplex in a neighborhood experiencing rapid growth and revitalization! With one vacant unit, this property is perfect for a VA buyer looking to occupy while benefiting from rental income. Each unit features 2 bedrooms, 1 bathroom, central heat and air, and washer/dryer connections for added convenience. Kitchens come equipped with a stove and refrigerator, making them move-in ready for tenants. Renovations were completed in 2024, ensuring modern updates and appeal (please ask for P&L so detailed report can be provided). All units have market rent rate of $895/month plus a $55 monthly water fee. With the area’s continued development, this is the perfect time to invest in a property that offers immediate income potential and long-term value appreciation. Will consider Owner Financing. Price is firm at $350,000 with a $30,000 down payment. The interest rate will be fixed at 5.5% amortized over 30 years with a balloon at the end of year 7. Schedule a showing today! PLEASE DO NOT BOTHER TENANT(S).
- Cooling Information
- Central Air
- Electric
- Heating Information
- Central
- Electric
- Utilities
- Electricity Available
- Water Available
- Water Features
- Public
- Parking
- Gravel
School Information
School Information for 492 Oak St
Elementary School
Byrns Darden Elementary
Middle School
Kenwood Middle School
High School
Kenwood High School
Listing Courtesy: Blue Cord Realty, LLC - 9313207368
Last Updated: 2025-11-14 13:13:13
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EXIT REALTY GATEWAY SOUTH
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$350,000
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EXIT REALTY GATEWAY SOUTH
120G Merchants Blvd, Clarksville, TN 37040