354 Poplar Street, Soddy Daisy, TN 37379

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

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

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

ONE UNIT ALREADY PRODUCING INCOME. THE OTHER MOVE-IN READY. NOW $274,900. Take another look at 354 Poplar Street--a two-unit investment opportunity in Soddy Daisy offering approximately 1,600 total square feet, separate utility meters, an existing tenant and a vacant unit ready for its next occupant. UNIT A | 3 BEDROOMS + 1 BATH Previously updated and currently tenant occupied, Unit A offers three bedrooms, one full bath, its own living room and kitchen. With an existing tenant already in place, the next owner can step into an established rental rather than beginning with two vacant units. UNIT B | 2 BEDROOMS + 1 BATH Unit B offers two bedrooms, one full bath, its own living room and kitchen. Fresh paint throughout gives this side a clean, refreshed feel and makes it move-in ready--giving the next owner the flexibility to place a new tenant and establish a second income stream or consider an owner-occupied investment strategy. SEPARATE METERS + INDIVIDUAL STORAGE Each residence is separately metered, helping keep tenant utility responsibilities clearly defined and simplifying ongoing management. Each unit also has its own detached storage shed, providing valuable additional storage for residents. And this isn't your typical duplex setting. The property offers ample off-street parking, a large backyard and beautiful mountain views, creating a quiet, peaceful residential setting that can help distinguish it from other rental options. For an investor, the opportunity is straightforward: one property, two rental units, existing income on one side and a refreshed second unit ready for occupancy. Separate meters, individual storage and the ability to choose the next tenant for Unit B add even more flexibility. For an owner-occupant, there's another possibility--live in one residence while receiving rental income from the other and begin building a real estate portfolio from home. NOW OFFERED AT $274,900 -- A $15,000 PRICE REDUCTION. Unit B is available to to

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)

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.