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STRIP B_edited.png

Active

Straightforward Rental Play with Immediate Income in TN!

450 E Main St. Cookeville, TN 38506

Available for $155,000

Beds: Unit A - 1 bed | Unit B - 3 beds
Baths: Unit A - 1 bath | Unit B - 2 baths
Sqft: 1,796

Year Built: 2000

Taxes: $1,616/2025

0.74 Acre Lot​

​​​​

*** DO NOT DISTURB. NO TRESPASSING. BY APPT ONLY***​​

 

This investment offers a turnkey opportunity in a high-demand and steadily growing market, making it an ideal addition to any rental portfolio. The property is already renovated and rental-ready, allowing investors to generate income immediately without the need for major updates or repositioning. For those looking to maximize returns, minor cosmetic enhancements can further boost curb appeal and push top-end value, but the asset performs well as-is. Opportunities that combine immediate cash flow with optional upside are increasingly rare, making this a smart, low-friction acquisition for investors focused on both stability and long-term appreciation.

​

Current Rent: ​

Unit A: $730/Month

Unit B: $770/Month

​

Upside Rent Potential:

Unit A: $900/Month

Unit B: $$1,400/Month

Total: $2,300+ Monthly Potential

​

ARV:

$245k

​

Property Highlights:

  • Tenant-occupied rental w/. below-market rents and immediate income

  • Updated flooring in most main living areas

  • In-unit laundry on both sides

  • Newer water heaters in both units

  • Unit A: New HVAC (2026) ; New refrigerator (2026)

  • Unit B: New bathtub & bathroom fixtures ; New oven

  • Convenient Location

​

PID: 026E A 03400 000

Legal Description: S H POTEET PB 17 PG 239 LOTS 17 & P/O 18

These deals are brought to you off market and are ONLY available to  CASH & HARD/PRIVATE MONEY LOANS that can CLOSE QUICKLY

*Assignment of Contract* All properties offered are either owned by us, under contract and selling equitable interest, or offered in conjunction with a business associate. Agents please add your commission to the sales price paid by the buyer.

Contact me

Contact Us!

Get in touch so we can start working together.

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