Price Reduction
Address
202 Woodruff St, Madison, TN
Price
$ 1,950,000
Property Attributes
  • MLS#2603386
  • TypeMulti-Family
  • CountyDAVIDSON
  • CityMadison
  • NeighborhoodDouglas-Levine
  • Zip37115
  • StyleMulti Family
  • Year Built1974
  • Taxes$ 11087
  • Price$ 1,950,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage6182
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description

Recently renovated 14 unit building zoned CS just 15 minutes to Nashville! All units are occupied. All 1 bedroom / 1 bathroom units. This is a turn key building. Property Management is in place if you wish to keep the management. Almost every unit pays towards the water bill at this time as well. Tenants pay electric. Landlord pays for trash and water (tenants are paying $45 monthly per unit back to the water). Very low maintenance since the building was completely reconstructed in 2020. Great turn key rental for any investor. No owner financing is available. Drive by only - not showing until we have a contract - do not want to disturb tenants.

Elementary School Middle School High School
Glencliff Elementary Madison Middle Stratford STEM Magnet School Upper Campus High School
Price History
12/21/2023 Listed $2,050,000
2/5/2024 5% - $1,950,000

General Features

Sewer Public Sewer
Heating Electric
Cooling Electric
Utilities Electricity Available,Water Available
Possession Close Of Escrow
Zoning CS
Construction Materials Fiber Cement
Year Built 1974
Stories 2
Levels Two
Gross Income 167000
County Davidson County,TN
Net Operating Income 166999
Operating Expense 1
New Construction No
Property Type Residential Income
Attached Garage No
Subdivision Name Douglas-Levine
Garage Y/N No
Status Active
Directions I65 to Madison exit left on Madison station right on woodruff
High School Stratford STEM Magnet School Upper Campus
City Madison
View Y/N No
Total Units 14
Waterfront Y/N No
Carport Y/N No
Street Name Woodruff St
Elementary School Glencliff Elementary
Property Attached Y/N Yes
Year Built Details RENOV
Tax Annual Amount 11087
Middle/Junior High School Madison Middle
Days on Market 43
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 4160

Interior Features

Flooring Laminate
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 6182
Laundry Features None
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet

Exterior Features

Water Source Public
Inclusions APPLN
Building Area Total 6182
Lot Dimensions 152 X 100
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 37115

Price
AVG $780K
$1.95M
Taxes
AVG $4,541
$11,087
Visits
AVG 102
13
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1974