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.
Closed
$510,000
209 E Webster St, Madison, TN 37115
4beds
4baths
2,046sqft
Multi Family
Built in 1982
-- sqft lot
$-- Zestimate®
$249/sqft
$1,574 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 06, 2025 at 11:30am
Listing Provided by:
Jake Clark 615-568-0167,
SVN Accel Commercial Real Estate
Bought with:
Vandale Gentry, 352472
eXp Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2640789
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,046
- Total interior livable area: 2,046 sqft
- Finished area above ground: 2,046
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 2
Lot
- Size: 7,998 sqft
- Dimensions: 62 x 129
Details
- Parcel number: 14802010800
- Zoning: OR20
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Madison
- Subdivision: Montague
HOA & financial
Other financial information
- Total actual rent: 2575