About 209 E Webster St
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. Rents are 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.
Features of 209 E Webster St
| MLS® # | 2640789 |
|---|---|
| Price | $599,999 |
| Bathrooms | 0.00 |
| Square Footage | 2,046 |
| Acres | 0.00 |
| Year Built | 1982 |
| Type | Residential Income |
| Status | Under Contract - Showing |
Community Information
| Address | 209 E Webster St |
|---|---|
| Subdivision | Montague |
| City | Madison |
| County | Davidson County, TN |
| State | TN |
| Zip Code | 37115 |
Amenities
| Utilities | Water Available |
|---|---|
| Parking Spaces | 4 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Roof | Metal |
|---|---|
| Construction | Brick, Vinyl Siding |
School Information
| Elementary | Stratton Elementary |
|---|---|
| Middle | Madison Middle |
| High | Hunters Lane Comp High School |
Additional Information
| Date Listed | April 11th, 2024 |
|---|---|
| Days on Market | 21 |
| Zoning | OR20 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | SVN Accel Commercial Real Estate |
|---|---|
| Contact Info | 6155680167 |