209 E Webster St, Madison, TN 37115
- $599,999
- 2,046
- SqFt
- List Price
- $599,999
- MLS#
- 2640789
- Days on Market
- 21
- Property Type
- Multifamily
- Sqft. of Residence
- 2,046
- County
- Davidson County
- Status
- UNDER CONTRACT - SHOWING
Property Description
SVN Accel Commercial Real Estate is pleased to present a rare Investment opportunity to own Three 4 units in Nashville. 4 Unit building is part of a 12 unit portfolio. Prefer to sell 5144 & 5152 Linbar Dr (MLS #2640792) & (MLS #2640794) together as 8 units. 209 E Webster is included in the portfolio and can be sold separately. Commercially Zoned OR20. Building has been professionally maintained and managed by a local property manager. Units are all 1 bed 1 bath, separate utilities, tenants pay all utilities. 10yr old metal roof, newer LVP flooring, new paint, water heaters, designated parking spaces in the back. Window AC units for cooling, baseboard heating. Rents are currently below market. Light value add opportunity to increase rents & maximize income. All tenants are on annual leases. Located in the growing Madison neighborhood. Property occupancy rate has been near 100% since acquisition. See attached brochure for more info on the portfolio opportunity.
Additional Information
- Construction Type
- Brick, Vinyl Siding
- Cooling System
- Wall/Window Unit(s)
- Elementary School
- Stratton Elementary
- Floor Types
- Laminate
- Heating System
- Baseboard
- High School
- Hunters Lane Comp High School
- Junior High School
- Madison Middle
- Laundry
- Individual, Electric Dryer Hookup, Washer Hookup
- Living Area
- 2,046
- Lot Dimensions
- 62 X 129
- Number Of Stories
- 2
- Roofing Material
- Metal
- Sewer System
- Public Sewer
- Subdivision
- Montague
- Tax Amount
- $2,529
- Water Source
- Public
- Year Built
- 1982
- Zoning
- OR20
- Type
- Multifamily
Mortgage Calculator
Listing courtesy of SVN Accel Commercial Real Estate.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2024 MTRMLS, Inc. RealTracs Solutions.