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  1. Home
  3. Well-Maintained Investment Opportunity to Own 4 Units Property

Well-Maintained Investment Opportunity to Own 4 Units Property

Asking $ 549,999
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  • 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.
  • I prefer to sell as a package with 5144 Linbar Dr (MLS #2640792 ) as 8 units.
  • 209 E Webster (MLS #2640789) is also included in 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.
  • Newer LVP flooring, new paint, water heaters, Washer / dryer hook ups.
  • Window AC units for cooling, baseboard heating.
  • All tenants are on annual leases.
  • Light value add opportunity to increase rents and maximize income.
  • Located in South Nashville / Antioch neighborhood.
  • Property occupancy rate has been near 100% since acquisition.

 

    • Updated On:
    • October 3, 2024
    • 4 Bedrooms
    • 4 Bathrooms
    • 2,244.00 ft2
    • Year Built:1983
    Property Id: 68252
    Price: Asking $ 549,999
    Property Size: 2,244.00 ft2
    Property Lot Size: 7,998.00 ft2
    Rooms: 16
    Bedrooms: 4
    Bathrooms: 4
    Year Built: 1983
    External Construction: Brick
    Roofing: Asphalt
    Rent (mo): 4000
    ROI (ann): 19.1
    Cashflow (mo): 505
    Property Taxes (mo): 370
    Insurance (mo): 285
    Repairs (mo): 75
    Management Fee (mo): 312
    Leasing Fee (ann): 975
    Vacancy Rate (ann): 48
    Other Features
    back yard
    deck
    Transport
    Supermarkets
    Schools
    Restaurants
    Pharmacies
    Hospitals

    $ 3,294.77
    per month
    • Principal and Interest
    • Property Tax
    • HOA fee
    $ 2,607.28

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    Property Reviews

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    Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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