701 Cumberland Dr, Clarksville, TN 37040
701 Cumberland Dr, Clarksville, TN 37040
701 Cumberland Dr, Clarksville, TN 37040
701 Cumberland Dr, Clarksville, TN 37040
701 Cumberland Dr, Clarksville, TN 37040
701 Cumberland Dr, Clarksville, TN 37040
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Justin Reesy The Reesy Real Estate Team

Justin Reesy The Reesy Real Estate Team

+1(270) 779-9504
Listed by Devan McClish • Realty Of America, LLC
$ 675,000
Est. payment | /mo

6,180 SqFt

Save
$ 675,000
Est. payment | /mo
Save

6,180 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,180 sqft

Price per Sqft $109

Subdivision Elder

MLS Listing ID 3132629

HOA Y/N No

Year Built 1941

Annual Tax Amount $2,326

Property Description

Almost all units have been renovated and the rent has been raised. Over $75,000 in annual operating gross income. Tenants either pay utilities separately or pay a monthly fee to cover any master meters. Tenants also pay a monthly laundry fee to use the laundry building. 10 total units across both buildings with the separate laundry building. There is potential to continue to raise the rents in place. One building has 6 units and the other has 4 units.All one bedroom one bathroom units with one studio apartment.

Location

State TN

County Montgomery County

Zoning R2

Interior

Heating Electric

Cooling Electric

Flooring Laminate

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

View Y/N false

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Schools

Elementary Schools Norman Smith Elementary

Middle Schools Richview Middle

High Schools Clarksville High

Others

Senior Community false

Special Listing Condition Owner Agent

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Justin Reesy The Reesy Real Estate Team

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(270) 779-9504

justinreesy@kw.com

979 Lovers Lane Ste C., Bowling Green, Kentucky 42103, USA

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701 Cumberland Dr