605 S Lake Drive, Oneida, TN 37841

$525,000
9
BD
10
BA
7,576
SqFt

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List Price
$525,000
Status
ACTIVE
MLS#
3002989
Price Change
▼ $15,000 1787882220
Days on Market
206
Bedrooms
9
Bathrooms
10
Full Bathrooms
9
Half Bathrooms
1
Living Area
7,576
Lot Size
159,865
Acres
3.67
County
Scott County

Property Description

Now this is something special! Come see what opportunity looks like in Oneida, TN—close to the golf course and airport. There are endless possibilities here! Imagine your own gigantic family facility, equipped with four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. This could be your income-producing home base! All of this on 3.6 Acres, so there's lots of room for everyone to spread out and enjoy being on the Lake! The list of awesome features here could go on and on, but don't wait - call today for your personal showing! Attention INVESTORS! This could be a cash cow! With six rental units already in place, converting the main house into additional units would be easy, and overnight rentals would pose no problem. opportunity to be creative! Gross income projections as long-term rental $65,000-$84,000 per year, as STR $75,000-$100,000! Whatever your heart's desire, this is a once-in-a-lifetime opportunity!

Additional Information

Amenities Other
Central Vacuum
Basement Description
Finished
Construction Type
Frame, Other
Cooling System
Wall/Window Unit(s), Central Air
Floor Types
Wood, Parquet, Slate, Tile
Garage Capacity
1
Heating System
Central, Electric, Natural Gas
Interior Other
Central Vacuum
Laundry
Washer Hookup, Electric Dryer Hookup
Living Area
7,576
Lot Description
Other, Private, Wooded
Number Of Fireplaces
2
Number Of Stories
2
Patio Deck
Deck
Sewer System
Septic Tank
Style
Traditional
Subdivision
Ponderosa Estates
Subtype
Single Family Residence
Tax Amount
$5,233
Water Source
Public
Year Built
1967
Style
Traditional
Type
Single Family Residential

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Honors Real Estate Services LLC.

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