$250,000
For Sale
Listing OfficeeXp Realty
Browse 11 photos
Type:Purchase
Structure:4 Family
Zone:Residential

Description

Welcome to 50 Rex's Lane, a fully leased quadruplex offering an exceptional investment opportunity in the heart of Lafayette, TN. This income-producing property features four spacious units, each designed with functionality and comfort in mind. Unit 1 includes 2 bedrooms and 1.5 bathrooms. All units offer an open-concept layout with the kitchen and living area located on the main floor, and bedrooms and full bathrooms situated upstairs. Each unit also includes washer and dryer connections with a dedicated laundry room. With a strong rental history and stable tenants already in place, this turnkey property is ideal for investors seeking reliable cash flow and long-term growth. Conveniently located near schools, shopping, and local amenities, this is a rare opportunity to add a solid multifamily asset to your real estate portfolio. Property is being sold as-is.

  • Property Details
      • Utility FeaturesElectricity Available, Water Available
      • Middle SchoolMacon County Junior High School
      • High SchoolMacon County High School
      • Elementary SchoolFairlane Elementary
      • Property SubtypeResidential Income
      • CountyMacon County, TN
      • Sewer InformationSeptic Tank
      • Structure TypeQuadruplex
      • Property TypePurchase
      • Original List Price$250,000
      • MLS #2967897
      • MLS #2967897
      • Utility SourcePublic
      • Taxes Annual$1,697
      • Cost250000
      • Square Feet3380
      • Year Built1981
      • Horse Stable1

Location

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

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