Oak Ridge, TN 37830 · Anderson County
96 days on market · MLS# 1334296
Home Facts
3
Beds
2
Baths
1,564
Sqft
0.26 ac
Lot
Features
About This Property
🏠 OWN FOR LESS THAN RENT | Historic Oak Ridge Cottage with Income Suite Discover the ultimate 'House-Hacking' opportunity in the heart of Oak Ridge. This beautifully updated 1940s cottage offers a rare dual-living layout - perfect for savvy homeowners or investors looking to offset their mortgage significantly. Main Level: Features a bright, open floor plan with 2 spacious bedrooms, a full bathroom, and a modern kitchen with stainless appliances. Original character meets fresh updates with new flooring and a neutral palette. The Income Producer / In-Law Suite: The fully equipped lower level is a total game-changer. Featuring its own Private Exterior Entrance, a Second Kitchen, a private bedroom, and a full bath. With a projected rental income of $900-$1,100/month, this space could pay nearly half your mortgage! Location & Lifestyle: A commuter's dream just minutes from ORNL, Y-12, and Methodist Medical Center. Enjoy the large fenced backyard, firepit, and 2-car carport. Don't just buy a home, buy an asset that pays you back!
Property Details
Style
traditional
Construction
block, frame, cedar, shingle siding, wood siding
Heating
other, natural gas, electric
Cooling
window unit(s)
Flooring
laminate
Appliances
range, refrigerator, washer, dryer
Interior
eat-in kitchen
Lot
rolling slope, irregular lot
Sewer
public sewer
Water
public
Market Snapshot
30-Yr Fixed Rate
6.49%
National avg · FRED / Freddie Mac
Est. Monthly Payment
$1,414
20% down · 30-yr fixed · principal & interest only
Location
116 S Walker Lane, Oak Ridge, TN 37830
Oak Ridge, TN 37830
36.02220, -84.27466
$179 per sqft
Schools
School information isn’t available for this listing right now.
Walkability
15
Walk
Almost All Errands Require a Car
—
Transit
N/A
3
Bike
Minimal Biking Infrastructure