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Listed by Hannah Wray • VOLUME Realty
$ 500,000
Est. payment | /mo
2,233 SqFt
$ 500,000
Est. payment | /mo
2,233 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,233 sqft
Price per Sqft $223
Subdivision Toddington Hgts Sec 6
MLS Listing ID 3149076
HOA Y/N No
Year Built 1978
Annual Tax Amount $2,886
Lot Dimensions 82 X 192 IRR
Property Description
Previously appraised over $500K. Income-producing duplex near MTSU generating $4,650/month combined income — 11% cap rate at $500K. 1408 unit: 3 bed/1.5 bath + bonus room, leased at $1,900/mo through Oct 2026. 1406 unit: 2 bed/1 bath, fully furnished active Airbnb generating ~$2,750/mo. ~$12K in furnishings negotiable. HVAC replaced 2022, new sewer line, roof under 11 years old. Assumable loan at ~5.063%. Flood zone — seller reports no flooding history. House-hack or invest. Owner/Agent.
Location
State TN
County Rutherford County
Zoning Commercial
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Luxury Vinyl
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Black Fox Elementary
Middle Schools Whitworth-Buchanan Middle School
High Schools Oakland High School
Others
Senior Community false
Special Listing Condition Owner Agent
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CONTACT
Josh Nottingham