Source:
Tennessee Virginia Regional MLS (TVRMLS)
MLS#10000607
About the Property
Exceptional investment opportunity in Church Hill offering a rare combination of rental income and owner-occupant potential. Situated on approximately 0.72 acres, this unique property includes a four-unit apartment building along with a separate single-level brick home, creating multiple possibilities for investors and those seeking a live-in investment.
The 3,377± sq. ft. apartment build
Exceptional investment opportunity in Church Hill offering a rare combination of rental income and owner-occupant potential. Situated on approximately 0.72 acres, this unique property includes a four-unit apartment building along with a separate single-level brick home, creating multiple possibilities for investors and those seeking a live-in investment.
The 3,377± sq. ft. apartment building consists of three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, totaling 7 bedrooms and 4 bathrooms. One apartment is currently occupied, providing immediate rental income, while the remaining units present an excellent opportunity to increase occupancy, renovate as desired, and maximize the property’s income potential.
Also located on the property is a separate 1,890± sq. ft. single-level brick home offering 3 bedrooms, 1.5 bathrooms, and an in-ground pool. The home provides comfortable living space with the opportunity for cosmetic updates, making it ideal for an owner-occupant, on-site property manager, or an additional source of rental income.
Properties offering both multi-family income potential and a separate residence are rarely available. Whether you’re looking to expand your investment portfolio, generate multiple income streams, or take advantage of a value-add opportunity, 222 Riverview Drive offers the flexibility and potential to fit a variety of investment strategies. All information to be verified by buyers and buyers agent.