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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 20 duplexes, with 40-2 BR units. All in Nashville areas of Madison & Hermitage. Most are updated, in good condition with annual leases. Only one vacant unit. Properties grouped in 3 neighborhoods. 24 units are side-by side, 8 in 2-Quads & 8 in a mini-apartment complex on one large lot. See attached file with addresses, rent rolls, & photos. Do not disturb renters or show without Agent- Brian Mullins 615-400-7600
  • Price:
  • $4,900,000
  • 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:
  • Active
1
out of 5

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

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

Hunters Lane Comp High School
Public
9-12
1680 students
16 student/
teacher
  • 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:
  • 19
  • Included In Sale:
  • Appln
  • Previous Listing Price:
  • 4900000
  • 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

The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Southern Life Real Estate
  • NASHVL
  • Schools information provided by ATTOM

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