354 Poplar Street, Soddy Daisy, TN 37379

$274,900
5
BD
2
BA
1,600
SqFt

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List Price
$274,900
Status
ACTIVE
Price Change
▼ $15,000 1790632831
MLS#
1541935
Subtype
Residential Income
Style
Ranch
Year Built
1950
Bedrooms
5
Bathrooms
2
Living Area
1,600
Lot Size
18,132
Acres
0.42

Property Description

LIVE IN ONE, RENT THE OTHER, NOW WITH A SELLER CREDIT OF UP TO $6,300 TOWARD THE BUYER'S RATE BUYDOWN OR CLOSING COSTS. Duplexes rarely come on the market in Soddy Daisy, and 354 Poplar Street offers two separate homes on one lot, approximately 1,600 total square feet, separate utility meters, an existing tenant and a vacant unit ready for its next occupant. UNIT B | 2 BEDROOMS + 1 BATH: Freshly painted, cleaned and vacant, Unit B has its own living room and kitchen and is move-in ready today. Move in yourself, or choose your next tenant. UNIT A | 3 BEDROOMS + 1 BATH: Previously updated and currently tenant occupied, Unit A has its own living room and kitchen. The tenant plans to move out in spring 2027, so the next owner has rental income now and the choice later to re-rent at today's rates or move into the larger unit. SEPARATE METERS + INDIVIDUAL STORAGE: Each residence is separately metered, keeping utility responsibilities clearly defined, and each has its own detached storage shed. A SETTING THAT STANDS OUT: Ample off-street parking, a large backyard and beautiful mountain views make this a quiet, peaceful place to live, and help it stand apart from other rentals. FOR THE FIRST-TIME BUYER: Living in one unit while the other helps pay the mortgage is one of the smartest ways to start building wealth through real estate. Ask your lender about owner-occupant loan options for two-unit properties. FOR THE INVESTOR: Two income streams, separate meters, an in-place tenant and a vacant unit ready to lease. Comparable two-bedroom rentals in the area lease for about $1,100 to $1,250 a month. Offered at $274,900 with a seller credit of up to $6,300. Unit B is available to tour now. Schedule your showing today.

Additional Information

Interior Features
Plumbed, Eat-in Kitchen
Exterior Features
None
Taxes
$1,246
Property Description
Ranch
Appliances
Free-Standing Electric Range, Free-Standing Refrigerator, Water Heater
Heating
Central, Electric, Varies by Unit
Air Conditioning
Central Air, Electric
Exterior Features
Other, Vinyl Siding
Levels
One
Roof
Shingle
Foundation
Slab
Pool Type
None
Parking Features
Off Street
Elementary School
Daisy Elementary
Middle School
Soddy-Daisy Middle
High School
Soddy-Daisy High
View
Mountain(s)

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Listing courtesy of Keller Williams Realty.