605 Highway 64 Waynesboro, TN 38485
- Commercial real estate
- 0.72 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 605 Highway 64
- Lot size
- 0.72 lot acres
- Property type
- Commercial real estate
Description
This exceptional mixed-use property located at 605 Highway 64 W, Waynesboro, TN 38485, presents a prime investment opportunity in Wayne County. Offered at $750,000, this 0.72-acre lot boasts a newly remodeled six-unit apartment complex, ideal for both seasoned and novice investors seeking immediate income generation. The property features six units, each offering 750 square feet of living space, complete with two bedrooms and one bathroom. Extensive renovations have been completed throughout, encompassing new wiring, plumbing, roofing, siding, and fresh concrete on the rear patios. A significant portion of the complex is a completely new build, ensuring modern construction and efficiency. All units include existing appliances, including washers and dryers, providing immediate tenant occupancy. The property's prime location and move-in ready condition promise strong rental demand and a high return on investment. This turn-key opportunity is ready for immediate income generation. Don't miss this chance to acquire a profitable and well-maintained multi-unit property in a desirable Tennessee location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waynesboro
- County
- Wayne
- State
- Tennessee
- Longitude
- -87.7775044
- Latitude
- 35.3115561
