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601 E Grundy StreetTullahoma, TN 37388Price: $1,500,000

  • Price: $1,500,000
  • Est. Mortgage of $/month
  • 24 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,500,000List Price
  • 1988Year Built
  • 11,484Square Feet

Listing Tools

Welcome to Willow Oak Place, a 1988-built property featuring 10 generously sized 2bed/1.5 bath units, each at approximately 1,150 sq.ft. Situated on a 1.22-acre lot across 5 buildings, this investment gem has seen substantial renovations in 9/10 units, with the 10th unit currently being updated. These improvements encompass new flooring, modernized kitchens, refreshed bathrooms, and essential upgrades like HVAC systems and roofs. With an estimated investment of $150,000 to $200,000 since 2016, Willow Oak is well-positioned for promising returns. Additionally, every unit is individually metered and offers W/D hookups as well as a private back patio. You will find it in the heart of Tullahoma, a growing market just 80 miles from Nashville. Don't miss the opportunity to capitalize on the growth in this area and the already completed upgrades, making Willow Oak an attractive choice for real estate investors looking for strong returns and ease of management in a dynamic and emerging market.

Property Details of 601 E Grundy Street

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Based on information submitted to TN_REALTRACS as of December 7, 2023 9:16 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Listed by Kristina Rivers and Hunter Smith of Residential Investment Advisors (2534316048)