$425,000
For Sale

1002 Hillcrest Ave

Dyersburg, TN 38024
Listing OfficeResidential Investment Advisors
Browse 12 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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

Mack Meeks | Peck Realty Group L.L.C.Real Estate Group
OR

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