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$378,968
Est. payment /mo
3,900 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Condo
Sub Type Apartment Building
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $97
Subdivision Jackson Ridge Second
MLS Listing ID 10231618
Year Built 1964
Annual Tax Amount $3,108
Property Sub-Type Apartment Building
Property Description
Retiring Owner Says Sell !! Bring your serious investors to this well-positioned 5-unit multifamily opportunity located on a predominantly single-family residential street. Each unit features 2 bedrooms, central heating and air, stove, and refrigerator, offering a solid rental configuration with broad tenant appeal. The property currently generates $3,815 per month in scheduled rental income. Rents are slightly below market due in part to the owner's 12 years of ownership. Drive by only please.
Location
State TN
County Shelby
Area Kingsbury
Interior
Heating Central
Cooling Central
Flooring Hardwood Throughout, Tile
Equipment Refrigerator, Range/Oven (Freestanding)
Laundry None
Exterior
Parking Features Asphalt/Blacktop
Roof Type Composition
Building
Story 2
Foundation Slab
Water Electrical
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Listed by Jeffrey B Moore • Crye-Leike Commercial
Nearby Locations
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