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209 E Webster St Madison, TN $ 599,999
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$ 599,999 Get more info
209 E Webster St
$ 599,999
Back to search
Share Save

209 E Webster St

Madison, TN, 37115
$ 599,999
Bedrooms4 Baths4.0 Sq 2,046

Monthly Estimate*

$ 4,191

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Multi-Family Home for sale in Madison, TN

for $599,999 with 4 bedrooms and 4 full baths. This 2,046 square foot home was built in 1982.

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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Multi-Family Active

Price

$ 599,999

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,529

Style

Quadruplex

Year Built

1982

Town/City

Madison

County/Region

Davidson

MLS | Web ID

2640789
Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Wall/Window Unit(s)
Utilities Water Available
Possession Close Of Escrow
Roof Metal
Zoning OR20
Garage Spaces 0
Security Features Smoke Detector(s)
Construction Materials Brick Vinyl Siding
Year Built 1982
Stories 2
Levels One
Gross Income 35806
County Davidson County TN
Net Operating Income 35806
Operating Expense 0
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Montague
Garage Y/N N
Status Active
Buyer Financing Conventional
Directions Gallatin Pike N turn left onto E Webster St Property is on the left.
High School Hunters Lane Comp High School
City Madison
View Y/N N
Open Parking Spaces 4
Total Units 4
Waterfront Y/N N
Carport Y/N N
Street Name E Webster St
Elementary School Stratton Elementary
Property Attached Y/N Y
Year Built Details EXIST
Tax Annual Amount 2529
Middle/Junior High School Madison Middle
Days on Market 17
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 2575
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Interior
Flooring Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2046
Full Baths 0
Half Baths 0
Laundry Features Individual Electric Dryer Hookup Washer Hookup
Total Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 0
Living Area Units Square Feet
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Exterior
Water Source Public
Total Parking 4
Inclusions APPLN
Building Area Total 2046
Lot Dimensions 62 X 129
Lot Size Units Acres
Covered Spaces 0
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Internal Only
Street Number 1 209
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* Excluded Features
List By
Svn Accel Commercial Real Estate

Broker

jake.clark@svn.com

Email

Affordability Calculator

$4,402
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,191
Monthly Property Taxes
$211
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
245671 Elementary School
4313268 Middle School
Hunters Lane Comp High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/9/2024$599,999 Listed Price

Map

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209 E Webster St, Madison, TN, 37115 is a Multi-Family Home for sale at $599,999 with 2,046 sqft. 209 E Webster St has 4 bedrooms, 4.0 baths, and was built in 1982. The property's zip code is 37115 which is in Madison, TN

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