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.
Details
Updated on December 11, 2024 at 1:28 am- Property ID: 2640789
- Price: $554,999
- Property Size: 2046 Square Feet
- Garage Size: x x
- Year Built: 1982
- Property Type: Residential Income
- Property Status: Active Under Contract
- MLS#: 2640789
Address
Open on Google Maps- Address 209 E Webster St
- City Madison
- State/county TN
- Zip/Postal Code 37115
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