The Real Estate Firm
Properties/McDonald, TN

$599,000

578 Withrow Road, McDonald, TN 37353
McDonald, TN 37353 · Bradley County · None
Listing courtesy of Keller Williams Realty · Updated 2 days ago
8 beds
3,888 sqft
1 acre

About this home

Don't miss this opportunity to own a cash-flowing 6-unit apartment building in desirable Bradley County--just minutes from I-75, Cleveland, and Chattanooga. The property is currently generating $4,047 per month in rental income with one vacant unit currently marketed for $850 per month, providing immediate upside for a new owner. The unit mix consists of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, offering a strong blend of unit types to attract a variety of tenants. Each unit is individually metered, with tenants paying their own utilities while the owner is responsible only for trash service, helping keep operating expenses low. Constructed with a low-maintenance brick exterior, this property is built for long-term durability and ease of ownership. Located outside the Cleveland city limits, owners benefit from county-only property taxes. With below-market rents and room to optimize income over time, this property offers an excellent value-add opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking immediate cash flow or long-term appreciation through improved rental performance, this is an investment worth adding to your portfolio. Note: there is one vacant unit that may be viewed. All other units to be viewed once under contract. Please do not disturb tenants. No sign on property.

Year built
1972
Property type
Multi-Family
$/sqft
$154
Days on market
0
MLS #
1540695
Status
Active
County
Bradley County
Lot size
1 acre

Features

Location

578 Withrow Road, McDonald, TN 37353, McDonald, TN 37353

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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the East Tennessee REALTORS® MLS, the source of this information. Properties may be listed by brokerages other than The Real Estate Firm.