PROPERTY BEING SOLD AS-IS/WHERE-IS. This investment property is one of two being listed that has no problem paying for itself and has a long rental history to prove it. The rental market in Oak Ridge is stronger than it has ever been. This 4-plex was purchased in 2006 and has been extensively renovated. Each 2-bedroom, 1 bath unit is self-contained with an energy efficient central heat and air unit and comes with stove, refrigerator, dishwasher, microwave, ceiling fans, washer/dryer hookups, off-street parking and a very large back yard. This property also has a 16x24 Storage Building /Workshop with electricity. All major renovations have been completed but there is still room for improvements to maximize your return on investment.
Multi-familyProperty Type
1942Year Built
0.71 acresLot Size
$150Est. Price/Sq.Ft.
Listed by Emilee Smith• Betsy Coleman Realty Co.
•865-381-0687 (agent)
•emilee.smith.etn@gmail.com (agent)
•865-220-8881 (broker)
•betsycolemanrealty@gmail.com (broker)
Bought with Lisa Axley• Realty Executives Associates
Directions: Head North on Rt 62 (Illinois Ave.). Turn Left at Light on Robertsville Rd. Turn Left on Jefferson Ave. Turn Right onto N. Jefferson Circle. Turn Right onto Latimer Rd. Property will be on the Right.
Unparsed Address: 170 Latimer Rd, 170-176, Oak Ridge, TN 37830
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Anderson County
APN: —
Home facts updated by county records on Apr 17, 2022
Around this home
Schools
Willow Brook Elementary School
Public K-4 • Assigned • 0.5mi
9/10
Robertsville Middle School
Public 5-8 • Assigned • 0.9mi
7/10
Oak Ridge High School
Public 9-12 • Assigned • 1.6mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 20 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Oak Ridge, TN • 37830
Average low and high temperatures (°F)
45
26
55
35
69
43
76
53
77
58
86
66
91
73
85
67
83
63
74
50
63
43
52
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 3.9 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$407,000 – $492,000
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