Buy with Yoreevo
$1,522,875
List Price: $1,550,000
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635 E 38th Street

House in Farragut •  building info
8bd • 3ba • 5,000ft² • $310 per ft²
Buy with Yoreevo

$1,522,875

List Price

$1,550,000

Key Details
Days on market
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Last price change
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Estimated payment
$9,573/mo
Taxes
Maintenance
N/A
Description
Investment Opportunity – Vacant R4 Three-Family on Oversized Lot Excellent opportunity to own a vacant three-family property situated on an oversized R4 lot with a two-car garage, large driveway, and ample off-street parking. This property offers tremendous income potential, whether used strictly as an investment or as an owner-occupied home with rental income from the additional units. The first-floor unit features 3 bedrooms, a living room, dining room, and kitchen. The second unit is an oversized duplex offering 4 bedrooms and 2 bathrooms. The lower-level unit includes 1 bedroom. The home needs updating, but offers strong upside for investors, developers, or buyers looking to customize and add value. Additional income potential may be available through the two-car garage and spacious driveway, which can be rented separately. Architect comments are available upon request regarding potential development opportunities due to the property's lot size. Buyer to perform due diligence regarding development possibilities, zoning, and permitted use.

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Home features
Hardwood floors
Building amenities
Services and facilities
Fios Available
Parking

Garage

Building info
History
What it'll cost
Purchase price
$1,550,000
Asking Price: $1,550,000
Term
30 Years
Down Payment
$155,000 (10%)
Min: 10% (155,000)
Rate
6.5 %
Mortgage Amount
$1,395,000
Mortgage Payment
$8,817
Taxes
$756
Estimated Yoreevo rebate
$27,125
Estimated closing cost
$56,000
Total monthly cost $9,573
Buy your dream home with us and get an estimated
$27,125 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of YourHomeSold Guaranteed Realty

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