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$585,500
MLS: 41019-025050
0.49 Acres
4,702 SqFt
Welcome to a truly unique 6-unit apartment complex located just minutes from the University of Tennessee at Martin. Formerly a local church, this property has been thoughtfully converted into a thriving multifamily residence, offering a strong rental history and modern updates throughout.
Each of the six units features two bedrooms, one bathroom, and convenient in-unit laundry, ensuring both comfort and functionality for tenants. Major renovations include new plumbing, updated flooring, stylish fixtures, and numerous additional improvements that have revitalized the property from top to bottom.
All units are currently leased, generating a total monthly income of $7,030. With utilities included in the rent and covered by the seller, this turn-key investment is not only fully occupied but also highly attractive to renters. The property also features open parking and a large lot, providing ample space for residents.
Whether you're looking to expand your investment portfolio or step into multifamily real estate ownership, this one-of-a-kind income-producing property presents a rare opportunity in a high-demand rental market near a major university.
Don't miss your chance to own this exceptional property—schedule your showing today!
Martin, TN is a welcoming small town located in northwest Tennessee, best known as the home of the University of Tennessee at Martin. With a population of around 10,000, Martin blends the charm of rural living with the energy of a vibrant college community. The town features locally owned shops, family-friendly parks, and annual events like the Tennessee Soybean Festival, which draws visitors from across the region. Its strong sense of community, affordable cost of living, and educational opportunities make Martin a great place to live, work, and raise a family.
Dylan Jones is an up-and-coming affiliate broker in West Tennessee, dedicated to helping clients achieve their real estate goals. A lifelong Tennessee resident, Dylan brings his expertise in customer service, honed through years of retail experience, to provide creative solutions and exceed client expectations. Outside of real estate, Dylan enjoys spending time with family and playing baseball with friends.
