479 Old Federal Rd SE, Cleveland, TN 37323

Income-Producing Quadplex in Cleveland, TN - Fully Leased! Discover this exceptional investment opportunity; a fully leased quadplex in the heart of Cleveland, TN! With a total of 3,306 sq. ft., this well-maintained property features four units, each offering spacious living with modern updates. Unit Breakdown: Units A & B: 2 bedrooms, 1 bathroom, 826.5 sq. ft. each. Units C & D: 1 bedroom, 1 bathroom, 826.5 sq. ft. each, with an additional room currently utilized as a bedroom which includes a closet but no window. All units feature an open-concept living room and kitchen, complete with electric range, refrigerator, and a convenient laundry closet. Ample parking is available for tenants, along with a 2-stall detached carport that includes a storage area. Recent Upgrades: 3 of the 4 units have been remodeled in the last 2 years, with updates including new doors, windows, kitchen cabinets, sinks, appliances, walk-in showers, faucets, lighting, outlets, closet organizers and a new water heater in one of the units. All 4 units have a HVAC unit that is approximately less than 2 years old. Each unit also boasts a large private deck, offering extra outdoor living space. Currently generating $4,500 per month in rental income, this property is a fantastic investment with immediate cash flow. Located close to excellent schools, shopping, and dining, this gem won't last long. Don't miss your chance to own this income-producing property. Call today for more details and to schedule your private showing!