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80 Mclarty Lane, Crossville, 38555
Priced At: $235,000
Property Details for ID: 1323780
SqFt: 1,274
Price SqFt: $184
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-12-08T21:20:00Z
Public Remarks: Investor opportunity in a prime in-town location! This 3-unit multifamily property offers excellent potential with walkable access to shopping, restaurants, and everyday conveniences. Built in 1962, the building includes two main-level units and one upper-level unit, all currently vacant and ready for renovation or lease-up. Each unit is a 1-bedroom, 1-bath layout, with approximately 427 sq ft in the two downstairs units and 416 sq ft in the upper unit. Interiors in need of updates, giving buyers the chance to modernize and add value. Unit 1 has had some updates to the bath, kitchen, and flooring. Utilities currently combined on 1 meter. Exterior features include a 70' x 190' lot, driveway parking, a large rear deck, and a covered front porch. A metal roof was installed a few years ago, and the structure offers solid bones for improvement. With projected rents around $750 per unit or more with renovations, this property provides strong potential cash flow. Its close proximity to town enhances rental demand, especially for affordable 1-bedroom units. Whether you're an investor seeking value-add potential or a buyer looking to expand a rental portfolio, this multifamily property offers a rare chance to purchase three units for just $235,000 in a highly convenient location. An additional lot is available next door to be purchased with this property for an additional $30,000.
Schools Information
Sorry, school information is not available for this listing.Building Description
SqFt (Total): 1,274
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Directions
Take Genesis Road from Crossville, turn left onto McLarty Lane. Property is on the right near the church on the left.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
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Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!