605 S Lake Drive, Oneida, TN 37841
- $550,000
- 7,576
- SqFt
- List Price
- $550,000
- Price Change
- ▼ $25,000 1782500666
- MLS#
- 3058601
- Days on Market
- 234
- Property Type
- Multifamily
- Sqft. of Residence
- 7,576
- County
- Scott County
- Status
- ACTIVE
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 an amazing opportunity! Priced below tax appraisal! Call Today for your personal showing
/u.realgeeks.media/simerlyhomes/WGRE_logo-color-horizontal_sm.png){kind=logo}
Additional Information
- Construction Type
- Frame, Other
- Cooling System
- Central Air
- Floor Types
- Wood, Laminate, Tile
- Garage Capacity
- 1
- Heating System
- Central, Electric, Natural Gas
- Living Area
- 7,576
- Lot Dimensions
- IRR
- Roofing Material
- Other
- Subdivision
- Ponderosa Estates
- Tax Amount
- $5,233
- Year Built
- 1967
- Type
- Multifamily
Mortgage Calculator
Listing courtesy of Honors Real Estate Services LLC.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.