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BJ Can Help You Purchase This Unit
Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!
514 FLATT SPUR Rd, Jamestown, 38556
Priced At: $335,000
Property Details for ID: 1331916
SqFt: 2,900
Price SqFt: $116
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2026-03-09T15:09:50Z
Public Remarks: Historic Jamestown Gem - 10%+/- Cap Rate Turnkey Duplex Rare investment opportunity in the heart of Historic Jamestown, TN. This single-level duplex is completely remodeled and offers an impressive double-digit return, making it perfect for a portfolio addition or a ''live-in'' setup where the other unit pays your mortgage. Key Features: Immediate Cash Flow: Both units are spacious and currently leased. Total property production is approximately $40,000/year. Bonus Amenities: Includes an attached garage ($200/mo) and a dedicated storage unit ($100/mo) currently generating additional monthly revenue. Recent Upgrades: Features a 2-year-old roof and fresh interior remodels for a maintenance-free transition. Extensive Parking: Expansive paved area with ample room for multiple vehicles or potential for future carport expansion. Prime Location: Ideally situated ''close to everything,'' offering quick access to local shops and Jamestown's historic landmarks. The Opportunity: Fully managed and ready to take over. This property combines the stability of a historic location with the high-yield performance of a modern multi-family asset. One is 3 Bedrooms , 1 Bathroom, the other is 4 bedroom 1 bath , BONUS, Buy the house next-door and have even more rental potential, See 518 Flatt Spur Road.
Schools Information
Elementary School: YorkMiddle / Junior School:
High School: Clarkrange
Building Description
SqFt (Total): 2,900
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Directions
HOUSE NEXT DOOR @518 Flatt Spur AVAILABLE FOR SALE AS WELL )From Crossville, Take Highway 127 North towards Jamestown,, To Left on Central Ave (west) (Highway 52), to Left on Flat Spur Road to Property on Right.
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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.
Four Reasons to Use BJ Swinehart
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!