605 S Lake Drive, Oneida, TN 37841

$550,000
9
BD
10
BA
7,576
SqFt

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List Price
$550,000
Price Change
▼ $25,000 1782500216
MLS#
1316836
Status
ACTIVE
Type
Single Family Residential
City
Oneida
County
Scott
Bedrooms
9
Bathrooms
10
Baths Half
1
Baths Full
9
Living Area
7,576
Year Built
1967

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

Acres
3.67
Appliances
Dishwasher, Disposal, Other
Basement
Yes
Construction
Block, Frame
Cooling
Central Air, Wall Unit(s)
Fireplace
Yes
Floors
Parquet, Slate, Tile, Hardwood
Garage
Off Street
Garage Spaces
1
Living Area
7,576
Lot Description
Wooded, Waterfront, Golf Community, Private, Lake/Water Access
Style
Traditional
Subdivision
Ponderosa Estates
View
Lake, Wooded, Country Setting
Year Built
1967
Subdivision
Ponderosa Estates
Heating
Central, Natural Gas, Electric
Num Of Rooms
20
Restrictions
Yes
Fireplaces
2
Hoa
No
Bonus Room
Yes
Water
Public
Sewer
Septic Tank

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Calculator source: Real Geeks

Listing courtesy of Honors Real Estate Services LLC.

Agent: Jim Stoneburner |

Office: Honors Real Estate Services LLC |