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Listed by Devan McClish • Bradford Real Estate
$675,000
Est. payment /mo
6,180 SqFt
Active
701 Cumberland Dr Clarksville, TN 37040
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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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