492 Oak St, Clarksville, TN 37042

Property Description

Investment Opportunity in a Growing Area! Don’t miss this fantastic opportunity to own a newly renovated triplex in a neighborhood experiencing rapid growth and revitalization! With one vacant unit, this property is perfect for a VA buyer looking to occupy while benefiting from rental income. Each unit features 2 bedrooms, 1 bathroom, central heat and air, and washer/dryer connections for added convenience. Kitchens come equipped with a stove and refrigerator, making them move-in ready for tenants. Renovations were completed in 2024, ensuring modern updates and appeal (please ask for P&L so detailed report can be provided). All units have market rent rate of $895/month plus a $55 monthly water fee. With the area’s continued development, this is the perfect time to invest in a property that offers immediate income potential and long-term value appreciation. Will consider Owner Financing. Price is firm at $350,000 with a $30,000 down payment. The interest rate will be fixed at 5.5% amortized over 30 years with a balloon at the end of year 7. Schedule a showing today! PLEASE DO NOT BOTHER TENANT(S).