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!

512 N Roane St, Harriman, 37748

Priced At: $599,900

Property Details for ID: 1293042

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SqFt: 4,144
Price SqFt: $145
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-03-12T17:11:21Z

Public Remarks: Prime investment opportunity in the heart of downtown Harriman, TN! This mixed-use property features 7 units, including one commercial space currently operating as a hair salon and seven efficiency residential units. Landlord covers water, while tenants pay their own electric. A brand-new roof was installed at the end of 2024. Don't miss out on this income-producing property in a prime location!

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1960
SqFt (Total): 4,144
Sub-Type: Five or Six Plex
Sale Includes: Other
Unit Type(s): 1 Bedroom Unit, Other

  Exterior Features

Construction: Block, Frame - Brick, Masonry
Siding: Brick

  Appliances

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate, Vinyl
Other Rooms: Other

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional
Gross Annual Income: 65,100
Annual Operating Expenses: 9,546
Net Operating Income: 55,554

  HOA Information

Heating & Cooling

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

Garage / Parking

Off-Street Parking, On Premise Parking

  Community Features

Outbuildings


Presented By: / Southland Brokers

Up Coming Open Houses

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

Directions

Take exit 350 from I-40 24 min (27.4 mi) Merge onto I-40/I-75 S 9.6 mi Use the right 2 lanes to turn slightly right onto I-40 (signs for Nashville) 17.6 mi Take exit 350 for TN-29 toward Harriman/Midtown 0.1 mile Keep right and merge onto TN-29 N/Pine Ridge Rd 279 ft Continue on TN-29 N. Drive to S Roane St 6 min (3.4 mi) Merge onto TN-29 N/Pine Ridge Rd Continue to follow TN-29 N 2.1 mile Turn right onto S Roane St



Your commute

( Departing today at 8:00am )


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