605 S Lake Dr, Oneida, TN 37841

$525,000
3
BD
3
BA
2,572
SqFt

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List Price
$525,000
Status
ACTIVE
MLS#
3002989
Price Change
▼ $15,000 1787882213
Days on Market
236
Bedrooms
3
Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,572
Lot Size
159,865
Acres
3.67
County
Scott

Property Description

Now this is something special! Come see what opportunity looks like in Oneida, TN--close to the golf course and airport. There are endless possibilities here! Imagine your own gigantic family facility, equipped with four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. This could be your income-producing home base! All of this on 3.6 Acres, so there's lots of room for everyone to spread out and enjoy being on the Lake! The list of awesome features here could go on and on, but don't wait - call today for your personal showing! Attention INVESTORS! This could be a cash cow! With six rental units already in place, converting the main house into additional units would be easy, and overnight rentals would pose no problem. opportunity to be creative! Gross income projections as long-term rental $65,000-$84,000 per year, as STR $75,000-$100,000! Whatever your heart's desire, this is a once-in-a-lifetime opportunity!

Additional Information

Living Area
2,572
Style
Traditional
Subdivision
Ponderosa Estates
Subtype
Single Family Residence
Year Built
1967
Style
Traditional
Type
Single Family Residential

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Calculator source: Real Geeks

Listing courtesy of Honors Real Estate Services LLC.

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