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558/560 W Outer Drive, Oak Ridge, 37830
Priced At: $358,000
Property Details for ID: 1284361
SqFt: 1,425
Price SqFt: $251
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-01-13T17:05:40Z
Public Remarks: Fantastic investment opportunity in Oak Ridge! This duplex features one spacious 2-bedroom, 1-bath unit, and one 3-bedroom, 1-bath unit, each with new luxury vinyl plank (LVP) flooring and washer/dryer hookups for added convenience. Both units currently occupied and under lease totaling $2,500 monthly income. The units offer functional layouts with plenty of natural light. The property includes a shared yard space, perfect for outdoor enjoyment or tenant gatherings. Conveniently located near local amenities, schools, and shopping, this property is ideal for investors or owner-occupants seeking rental income. Don't miss this chance to own a versatile duplex in a desirable area!
Schools Information
Elementary School: Willow BrookMiddle / Junior School: Robertsville
High School: Oak Ridge
Building Description
SqFt (Total): 1,425
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Directions
Take I-40/I-75 S, TN-162 N and TN-62 W to W Outer Dr in Oak Ridge; Turn left onto Kingston Pike; Turn right onto Bridgewater Rd; Turn left onto the I-40 W/I-75 S ramp; Merge onto I-40/I-75 S; Use the 2nd from the right lane to take exit 376 for TN-162 N toward Oak Ridge; Use the left lane to merge onto Pellissippi Pkwy; Continue onto TN-162 N/Pellissippi Pkwy; Merge onto TN-62; Pass by Waffle House (on the left in 5.4 mi); Turn right onto W Outer Dr; Destination will be on the left.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!