$385,000
$399,900
3.7%For more information regarding the value of a property, please contact us for a free consultation.
1,871 SqFt
SOLD DATE : 09/08/2023
Key Details
Sold Price $385,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,871 sqft
Price per Sqft $205
Subdivision Kemper Heights
MLS Listing ID 2539127
Sold Date 09/08/23
HOA Y/N No
Year Built 1955
Annual Tax Amount $2,163
Lot Size 1.260 Acres
Acres 1.26
Lot Dimensions 115x401
Property Description
Tenant-Occupied; Showings Allowed with an Accepted Offer. Investment Opportunity! Income-Producing Duplex in Desirable Madison on 1.26 Acres with Multi Development Uses. Zoned R20 For Single Family, but Verified to Remain as Legal, Non-Conforming RS20 Zoning (Duplex/2-Dwelling Eligible Status). Both Units: Electric Range, Fridge, Window A/C Units, Electric Radiant Wall Heat, Ceiling Fans, & Dedicated Electric/Water Meters. 2023 NEW: Roof, Drainage System Through the Property, Crawl Space Vapor Barrier, Sump Pump, Electrical Boxes, Fire Alarms, 3 Windows & Fridge; Lifetime Guaranteed Foundation Repair on Addition & Brick. Occupied with Month-to-Month, Good Standing Tenants; Unit A: $1,200/Mo, and Unit B: $1,100/Mo (wants to Sign 6 Month Lease). Tenants Pay Utilities. 15 Minutes to Downtown!
Location
State TN
County Davidson County
Zoning R20
Interior
Heating Radiant, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace N
Exterior
Waterfront false
View Y/N false
Roof Type Asphalt
Parking Type Concrete, Driveway
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Chadwell Elementary
Middle Schools Jere Baxter Middle
High Schools Maplewood Comp High School
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