1002 Hillcrest Ave
Dyersburg, TN 38024
6496 sqft | #2931759
Description
Discover a solid investment opportunity in the heart of Dyersburg, TN. This 8-unit multifamily property, located at 1002 Hillcrest Avenue, offers a dependable mix of function and potential. Each unit spans approximately 810 sq. ft. and includes 2 bedrooms and 1 bathroom, providing a practical layout that appeals to long-term tenants. With individually metered electric and water, and an on-site laundry room for added tenant convenience, this property is well-positioned for efficient operations and consistent performance. Investment Highlights: Eight Spacious Units: All units feature 2 bedrooms and 1 bathroom across approximately 810 sq. ft., creating a balanced layout ideal for renters in the area. Individually Metered Utilities: Electric and water are separately metered, allowing for straightforward utility management and lower owner expenses. On-Site Laundry Room: Tenants enjoy access to a shared laundry facility, a key amenity that enhances tenant satisfaction and retention. Well-Maintained with Ongoing Updates: Property is professionally managed with repairs and renovations completed as needed to maintain quality standards. Strong Local Demand: Dyersburg continues to show steady demand for affordable rental housing, and with limited multifamily inventory, this asset offers stable occupancy and long-term upside. Buyer to verify all information.
Property Details
- Middle SchoolNorthview Middle School
- High SchoolDyer County High School
- Elementary SchoolTrimble Elementary
- Property SubtypeResidential Income
- Utility FeaturesWater Available
- CountyDyer County, TN
- Sewer InformationPublic Sewer
- Structure TypeMulti Family
- Property TypePurchase
- Original List Price$425,000
- MLS #2931759
- MLS #2931759
- Utility SourcePublic
- Taxes Annual$5,952
- Cost425000
- Square Feet6496
- Year Built1970
- SubdivisionN/A
- Horse Stable1
Location
Legal
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Last Updated: . Source: REALTRAC
Listing Courtesy
Listing Agent: Kristina Rivers (#RTC64983)
Listing Office: Residential Investment Advisors (#RTC48718)
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