Historic Jamestown Gem - 10%+/- Cap Rate Turnkey Duplex
Rare investment opportunity in the heart of Historic Jamestown, TN. This single-level duplex is completely remodeled and offers an impressive double-digit return, making it perfect for a portfolio addition or a ''live-in'' setup where the other unit pays your mortgage.
Key Features:
Immediate Cash Flow: Both units are spacious and currently leased. Total property production is approximately $40,000/year.
Bonus Amenities: Includes an attached garage ($200/mo) and a dedicated storage unit ($100/mo) currently generating additional monthly revenue.
Recent Upgrades: Features a 2-year-old roof and fresh interior remodels for a maintenance-free transition.
Extensive Parking: Expansive paved area with ample room for multiple vehicles or potential for future carport expansion.
Prime Location: Ideally situated ''close to everything,'' offering quick access to local shops and Jamestown's historic landmarks.
The Opportunity: Fully managed and ready to take over. This property combines the stability of a historic location with the high-yield performance of a modern multi-family asset.
Property Features
Heating Information
Central
Forced Air
Natural Gas
Electric
Parking
Off Street
Attached
On Site
Cooling Information
Central Air
House Interior
Walk-In Closet(s)
Garage
1
School Information
School Information for 514 FLATT SPUR Rd A+B, Jamestown, TN 38556
Elementary School
York
Middle School
N/A
High School
Clarkrange
Listing Courtesy: ReMax Preferred Properties, In - 865-694-8100