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$3,000,000
192 Connare, Madison, TN 37115
0 Beds
0 Baths
2,364 sqft

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Great Multi-Family Turnkey Rental portfolio with cash flow for 12 duplexes, with 24-2 BR units. All in Hermitage TN on same street next to each other . Most are updated, in good condition with annual leases. 24 units are side-by side, Do not disturb renters or show without Agent
  • Price:
  • $3,000,000
  • Square Footage:
  • 2,364
  • Acreage:
  • 0.27
  • Year Built:
  • 1982
  • Listing ID #:
  • RTC2171778
  • Street Address:
  • 192 Connare
  • City:
  • Madison
  • State:
  • Tennessee
  • Postal Code:
  • 37115
  • County:
  • Davidson County
  • Subdivision:
  • Primrose Meadows
  • Listing Status:
  • Under Contract - Not Showing
1
out of 5

Stratton Elementary School
Public
School Grade Level PRESCHOOL-4
School Students 550 students
School Teachers 13 student/
teacher
0
out of 5

Madison Middle School
Public
School Grade Level 5-8
School Students 640 students
School Teachers 24 student/
teacher
0
out of 5

Hunters Lane Comp High School
Public
School Grade Level 9-12
School Students 1680 students
School Teachers 16 student/
teacher
  • Building Security:
  • Smoke Detectors
  • Construction Type:
  • Brick
  • Flooring:
  • Carpet, Laminate, Tile, Vinyl
  • Number Of Units:
  • 40
  • Square Footage Source:
  • Assessor
  • Stories:
  • 2
  • Stories:
  • One
  • Total Building Square Footage:
  • 2364
  • Type Of Roof:
  • Asphalt
  • Year Built:
  • 1982
  • Gross Income:
  • 427818
  • Net Operating Income:
  • 339651
  • Operating Expense:
  • 88167
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Duplex
  • Lot Size:
  • 0.27
  • Lot Size Units:
  • Acres
  • Days On Market:
  • 62
  • Financing Options:
  • Assumed
  • Included In Sale:
  • Appln
  • On Market Date:
  • 2020-07-21
  • Previous Listing Price:
  • 4900000
  • Association Fee 2 Payment Frequency:
  • One Time
  • Property Taxes:
  • $28,243
  • Tenant Pays:
  • Electricity, Water
  • Parking Description:
  • Asphalt
  • Parking Spaces:
  • 2
  • Uncovered Parking Spaces:
  • 2
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Central
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Southern Life Real Estate
  • NASHVL
  • Schools information provided by ATTOM

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