Homes for sale - 209 E Webster St, Madison, TN 37115

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SimpliHŌM - Making Real Estate Simple

support@simplihom.com +1(855) 856-9466

Listed by Jake Clark • SVN Accel Commercial Real Estate

$ 554,999

Est. payment | -/mo

2,046 SqFt

Save

$ 554,999

Est. payment | -/mo

Save

2,046 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,046 sqft

Price per Sqft $271

Subdivision Montague

MLS Listing ID 2640789

HOA Y/N No

Year Built 1982

Annual Tax Amount $2,529

Lot Dimensions 62 X 129

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. Market rent is $975 / unit, 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.

Location

State TN

County Davidson County

Zoning OR20

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Roof Type Metal

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding

New Construction false

Schools

Elementary Schools Stratton Elementary

Middle Schools Madison Middle

High Schools Hunters Lane Comp High School

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+1(855) 856-9466

support@simplihom.com

209 E Webster St Madison, TN 37115