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209 E Webster St

Madison, TN 37115
  • $599,999
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: RTC2640789
UPDATED: 127 min ago
$599,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,046
    SQFT
  • $293
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1982
County:

School Information

Elementary School:
Middle School:

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.

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Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Nashville on the Move | Keller Williams® Realty, (615) 425-3600). IDX information © 2024 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Nashville on the Move | Keller Williams® Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-06-16T20:06:27.32.

Based on information submitted to the MLS GRID as of 2024-06-16T20:06:27.32. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.nashvilleonthemove.com/homes/149226654
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209 E Webster St Madison, TN 37115

  • Price: $599,999
  • Status: Active
  • On Site: 59 Days
  • Updated: 127 min ago
  • MLS #: RTC2640789
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,046
SQFT
$293
$/SQFT
1982
Built
Neighborhood:
Montague
County:
Davidson
Elementary School:
Stratton Elementary
Middle School:
Madison Middle
High School:
Hunters Lane Comp High School
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.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials BrickVinyl Siding Covered Spaces 0 Garage YN No Levels One Lot Size Dimensions 62 X 129 Open Parking Spaces 4 Parking Total 4 Roof Metal View YN No Waterfront YN No

Interior Features

Above Grade Finished Area 2046 Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace YN No Flooring Laminate Heating Baseboard Heating YN Yes

Property Features

Association YN No Building Area Total 2046 Buyer Financing Conventional Gross Income 35806 Inclusions APPLN Laundry Features IndividualElectric Dryer HookupWasher Hookup Net Operating Income 35806 New Construction YN No Operating Expense 0 Pool Private YN No Property Attached YN Yes Security Features Smoke Detector(s) Sewer Public Sewer Special Listing Conditions Standard Stories 2 Tax Annual Amount 2529 Total Actual Rent 2575 Water Source Public Year Built Details EXIST Zoning OR20

Realtracs Solutions logo Offered by SVN Accel Commercial Real Estate: 6155680167. Copyright 2024 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Nashville on the Move | Keller Williams® Realty, (615) 425-3600). IDX information © 2024 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Nashville on the Move | Keller Williams® Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-06-16T20:06:27.32.

Based on information submitted to the MLS GRID as of 2024-06-16T20:06:27.32. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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