127 Patrick LN Gray, TN 37615
8 Beds
4 Baths
3,750 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $166
Subdivision Not In Subdivision
MLS Listing ID 9990235
Style Other,See Remarks
Bedrooms 8
Full Baths 4
HOA Y/N No
Total Fin. Sqft 3750
Year Built 1950
Lot Dimensions IRR
Property Sub-Type Single Family Residence
Source Tennessee/Virginia Regional MLS
Property Description
Currently generating a strong return, this like-new property has undergone extensive renovations throughout, including new flooring, sheetrock, mechanicals, roof, windows, kitchens, bathrooms, and more—making this a low-maintenance, plug-and-play investment.
Individually metered and fully occupied, the property lends itself to a variety of investment strategies. Explore options such as long-term rentals, STRs, rent-by-the-room with PadSplit, or simply continue enjoying the solid cash flow from an already stabilized asset.
Each unit features a spacious floor plan with 2 large bedrooms and 1 full bathroom, highlighted by durable LVP flooring, HVAC, laundry hookups, and dedicated outdoor space—all contributing to strong tenant appeal.
Strategically positioned in the heart of everything, this property is located in an established neighborhood convenient to all nearby attractions that include local parks, retail, restaurants, grocery stores, while also being just a short drive away from nearly everything in the TriCities with easy access to I-81 & I-26!
Whether you're a seasoned investor looking to strengthen your portfolio or an owner-occupant aiming to house hack and live for free, this property delivers exceptional versatility and tremendous upside. Opportunities like this don't come often—priced to sell at $625,000. Don't miss your chance—call today!
Information deemed reliable but collected from third-party sources and subject to buyer and buyer's agent verification.
Location
State TN
County Washington
Community Not In Subdivision
Zoning Residential
Direction From I-26, Take exit 13 to merge onto TN-75 N/Bobby Hicks Hwy. Turn left onto Cox Rd. Sharp right onto Gray Station Rd.
Rooms
Basement Finished, Walk-Out Access
Interior
Interior Features Remodeled
Heating Heat Pump
Cooling Heat Pump
Flooring Luxury Vinyl
Appliance Dishwasher, Electric Range, Microwave, Refrigerator
Heat Source Heat Pump
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Roof Type Shingle
Topography Level, Rolling Slope
Porch Deck, Patio
Building
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Other, See Remarks
Structure Type Brick
New Construction No
Schools
Elementary Schools Gray
Middle Schools Gray
High Schools Daniel Boone
Others
Senior Community No
Tax ID 005j E 024.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional