605 S Lake Drive, Oneida, TN 37841
605 S Lake Drive, Oneida, TN 37841
605 S Lake Drive, Oneida, TN 37841
60
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Listed by Jim Stoneburner • Honors Real Estate Services LLC
$525,000
Est. payment /mo
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3 Beds
3 Baths
2,572 SqFt
Active

605 S Lake Drive Oneida, TN 37841

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,572 sqft

Price per Sqft $204

Subdivision Ponderosa Estates

MLS Listing ID 3002989

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1967

Annual Tax Amount $5,233

Lot Size 3.670 Acres

Acres 3.67

Property Sub-Type Single Family Residence

Property Description

Now this is something special! Come see what opportunity looks like in Oneida, TN--close to the golf course and airport. There are endless possibilities here! Imagine your own gigantic family facility, equipped with four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. This could be your income-producing home base! All of this on 3.6 Acres, so there's lots of room for everyone to spread out and enjoy being on the Lake! The list of awesome features here could go on and on, but don't wait - call today for your personal showing!

Attention INVESTORS! This could be a cash cow! With six rental units already in place, converting the main house into additional units would be easy, and overnight rentals would pose no problem. opportunity to be creative! Gross income projections as long-term rental $65,000-$84,000 per year, as STR $75,000-$100,000!

Whatever your heart's desire, this is a once-in-a-lifetime opportunity!

Location

State TN

County Scott County

Interior

Interior Features Central Vacuum

Heating Central, Electric, Natural Gas

Cooling Wall/Window Unit(s), Central Air

Flooring Wood, Parquet, Slate, Tile

Fireplaces Number 1

Fireplace Y

Appliance Dishwasher, Disposal

Exterior

Garage Spaces 1.0

Utilities Available Electricity Available, Natural Gas Available, Water Available

View Y/N false

Private Pool false

Building

Lot Description Other, Private, Wooded

Story 2

Sewer Septic Tank

Water Public

Structure Type Frame,Other

New Construction false

Others

Senior Community false

Special Listing Condition Standard


RealTracs IDX

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To say MK went above and beyond is a understatement. We drove over 300 miles in the only 2 days we had to look for homes. When a seller failed to disclose extremely important information until 2days prior to closing she fought for me. To say that she was relentless in searching, again is a understatement. Words cannot express how grateful I am to her and the team that backs her behind the scenes. There isn’t a high enough star rating to give MK and her team, we were beyond blessed to have her work/fight for us.

Rob B

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MK Hughes

MK Hughes

Agent License ID: 341737

+1(615) 788-1932

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605 S Lake Drive