1242 Ladd Springs Road #SE Cleveland, TN 37323
8,814 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,814 sqft
Price per Sqft $79
MLS Listing ID 3243081
HOA Y/N No
Year Built 1976
Annual Tax Amount $932
Property Description
Excellent investment opportunity featuring nine one-bedroom apartments and a central retail space, all conveniently located on one level. Eight of the nine apartments are occupied. The property is designed with four apartment units on each side of the retail space and one apartment off the back of the building, creating an efficient layout and strong income potential.
Each apartment has been updated with luxury vinyl plank flooring and renovated bathrooms, offering tenants modern finishes and low-maintenance living. The property enjoys consistent occupancy and provides immediate cash flow for investors.
Situated in the county, this mixed-use property offers flexibility, steady rental income, and room for long-term appreciation. Whether you're looking to expand your portfolio or add a stable income-producing asset, this property presents a rare opportunity to own a well-maintained, fully leased investment property with both residential and commercial components.
Call today for additional financial information and to schedule a private tour.
Call today for additional financial information and to schedule a private tour. Please allow 24 hr for showing notice because all units are occupied
Location
State TN
County Bradley County
Zoning Commercial
Interior
Heating Other
Cooling Other
Flooring Luxury Vinyl
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Other
Private Pool false
Building
Story 1
Sewer Septic Tank
Water Public
Structure Type ICFs (Insulated Concrete Forms),Other
New Construction false
Schools
Elementary Schools Waterville Community Elementary School
Middle Schools Lake Forest Middle School
High Schools Bradley Central High School
Others
Senior Community false
Special Listing Condition Standard
Nearby Locations
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