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
Legal
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Last Updated: . Source: REALTRAC
Listing Courtesy
Listing Agent: Elizabeth A Craig, PSA, ABR (#RTC42636)
Listing Office: eXp Realty (#RTC3635)
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