502 Johnson St Newbern, TN 38059

This exceptional investment opportunity presents a six-unit apartment building located at 502 E Johnson Street in Newbern, Tennessee. Built in 1986, this single-story property boasts a substantial 4,704 square feet of living space, spread across six units. Each unit offers a comfortable layout featuring two bedrooms and one bathroom, complete with a kitchen equipped with a stove and refrigerator. The units are furnished, providing immediate rental income potential. The property benefits from a durable metal roof, ensuring long-term protection and minimizing maintenance costs. Adding to its appeal is a detached garage/shop situated at the rear of the property, offering additional storage or potential for workshop use. The lot size is not specified. This six-plex is priced at $288,900 and presents a strong value proposition for investors seeking a multifamily property in the Dyer County, Tennessee market. The property's existing tenant base and furnished units contribute to a potentially streamlined transition for new ownership. The property's location in Newbern, TN, zip code 38059, offers convenient access to local amenities and services. Further details are available upon request.