Pat McCollum Can Help You Purchase This Unit

Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm, Pat McCollum is here to help!

514 Flatt Spur Rd, Jamestown, 38556

Priced At: $324,500

Property Details for ID: 1290090

Contact Us Schedule Showing Text Flyer Email Flyer

SqFt: 2,243
Price SqFt: $145
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-02-14T22:00:35Z

Public Remarks: Income producing property located in the heart of Jamestown, Tennessee within the city limits! Currently structured as a duplex generating steady rental income from a 3-bedroom unit, and a 4-bedroom unit, and 2 storage spaces. This property presents an exciting opportunity for a savvy investor or entrepreneur looking to embrace a new venture. Situated in a prime location, the property offers excellent visibility and accessibility, making it an ideal choice for conversion into a commercial space. The large, paved parking lot provides ample parking for customers or tenants, ensuring convenience and ease of access. Whether you're looking to expand your investment portfolio with the existing rental income or contemplating transforming the space into a thriving establishment, this property offers endless possibilities. Perfect for medical facilities, boutique, car lot, beauty shop, or a home based business. Current gross rental income exceeds 40,000/yr. Making this a moneymaker from the start! Don't miss this chance to make your mark in the quaint city of Jamestown. Schedule a viewing today and let your imagination run free with the potential of this multi-functional property!

Schools Information

Elementary School:
Middle / Junior School:
High School: Alvin C. York Institute

Building Description

Year Built: 1967
SqFt (Total): 2,243
Sub-Type: Duplex
Sale Includes: No Furnishings
Unit Type(s): 3 or more Bdrm Units

  Exterior Features

Features: Porch - Covered, Windows - Vinyl
Construction: Frame
Siding: Vinyl

  Appliances

Microwave, Range, Refrigerator, Smoke Detector

  Room Dimensions

  Interior Features

Floors: Laminate, Vinyl
Other Rooms: Other
Misc Features: Walk-in Shower, WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional

  HOA Information

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Attached, Off-Street Parking, Other

  Community Features

Outbuildings


Presented By: / Highlands Elite Real Estate

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Take US 127 N-Main St., Turn Left on Central Ave. W, Keep Straight to get onto TN52/Central Ave. W. Turn Left on S. Duncan St., then Turn Right.



Your commute

( Departing today at 8:00am )


Near By Properties (click flag to view)

Listing Id: (Click to View)
List Price:
Full Baths:
Half Baths:
Total Beds:
Total SqFt:
Address:
Public Remarks:


Mortgage Calculator

Loan Amount (80% of list price)

$

Term (in years)?

What will be the interest rate?

%


Instructions: Enter numbers and decimal points. No commas or other characters.



This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment.  The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment.  We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.

Four Reasons to Use Pat McCollum

Buying or Selling real estate should be fun and simple. With Pat McCollum, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!

On-Time Guarantee

From showings to closing; we know that your time is valuable and our agents and staff will always strive to never keep you waiting.

Quick Sale

Our network of qualified purchasers combined with dedication and hard work; help ensure that no one will work harder to get your home property sold.

You Are Valued

We recognize that we are partners with our clients and as such, we strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.

Video Services

We will set your home/property apart from others on the market with professional quality, innovative video marketing complete with narration and music.