11,730 SqFt
11,730 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,730 sqft
Price per Sqft $27
Subdivision Campbell Land Est Nr
MLS Listing ID 3611630
HOA Y/N No
Year Built 1920
Annual Tax Amount $3,730
Lot Dimensions 100 X 144 IRR COR
Property Description
Current projections indicate $8,800 in monthly rent and ~17% cap rate. A detailed investor package is available outlining the renovation scope, architectural plans, unit mix, projected rents, expenses, and operating assumptions.
The proposed plans include two 1-bedroom/1-bath ADA units, two 2-bedroom/2-bath units, and four 1-bedroom/1-bath units. The building is currently in shell condition and ready for renovation, while the additional parcel provides flexibility for parking, outdoor amenities, or future expansion. Historically operated as 10 units, the property offers longer-term options beyond the current 8-unit plans.
Located along the Airways Blvd corridor near downtown Jackson, the property sits within an area benefiting from continued public and private investment and the broader economic growth occurring throughout West Tennessee. Property is being sold as-is. Full investor materials available upon request.
Location
State TN
County Madison County
Zoning Commercial
Interior
Heating Central
Cooling Central Air
Flooring Other
Fireplace N
Exterior
Utilities Available Water Available
Amenities Available Sidewalks
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick,Frame,Vinyl Siding,Wood Siding
New Construction false
Schools
Elementary Schools Isaac Lane Technology Magnet Elementary
Middle Schools Jackson Career Technology Magnet Elementary
High Schools South Side High School
Others
Senior Community false
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
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