427-429 W Outer Dr Oak Ridge, TN 37830

Listing details for 427-429 W Outer Dr, Oak Ridge, TN 37830 : *** Surrounding rental properties justify immediate rent increase - both tenants are month to month*** Perfect opportunity to help supplement your mortgage by renting one side out and living in the other. Right side of the duplex (unit 429) is 1311 sq ft with 3 bedrooms and 2 baths, left side of the duplex (unit 427) is 600 square feet with 2 bedrooms and 1 bath! Right side of duplex (unit 429) was fully gutted and remodeled down to the studs in 2018, updates include: 18x27 master ensuite addition added, carport, new sheetrock, floors, bathrooms, cabinets, appliances, siding, etc. New roof put on in 2015. New HVAC in unit 427 put in 2015. Buyer must assume current lease agreement and honor all terms until lease end date. Lease terms for unit 427: rented for $600 per month. Lease is month to month. Lease terms for unit 429: rented for $900 per month. Lease ends 9/30/21. Utilities paid by renters and on separate meters. Prorated damage deposit and rent will be transferred to new buyer at closing.