204A E Palestine Ave, Madison, TN 37115
See all 11 photos
204A E Palestine Ave, Madison, TN 37115
204A E Palestine Ave, Madison, TN 37115
204A E Palestine Ave, Madison, TN 37115
204A E Palestine Ave, Madison, TN 37115
Listed by Edward Klem • Coldwell Banker Southern Realty
Bought with Nathan Fay • Arrow Property Management

-

Est. payment /mo

-

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

204A E Palestine Ave Madison, TN 37115

1,612 SqFt


Key Details

Sold Price -

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,612 sqft

Subdivision Bailey

MLS Listing ID 3173156

Sold Date -

HOA Y/N false

Year Built 1983

Annual Tax Amount $3,522

Lot Dimensions 50 X 169

Property Description

Public Remarks: 10 full units completely rented and always rented. This is investors dream with instant revenue stream. Currently posting a NOI over $133k per year and that will only increase. Some rents under market and 2 units increasing rent by $248 per month. All of this with super low expenses as all units on separate utility meters. All units are 2-bedroom 1 bath units and recently remodeled as well. Each unit features a wood burning fireplace and believe it or not, washer and dryer inside the unit as well. Great setup to properties as occupants have either a downstairs patio or second floor deck. Owner recently replaced roofs plus finished other repairs and updates for this sale. Less than 8 miles from downtown, 3 miles to Opry Mall and just seconds to new shopping district. Price is per each duplex!

Please see other MLS numbers to include 202, 204, 206 adn 208 E Palestine. Other property ids include 051-08-0-204.00, 051-08-0-205.00, 051-08-0-206.00 and 051-08-0-207.00

Location

State TN

County Davidson County

Zoning Multi

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace N

Exterior

Utilities Available Water Available

View Y/N true

View City

Roof Type Shingle

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

New Construction false

Schools

Elementary Schools Stratton Elementary

Middle Schools Madison Middle

High Schools Hunters Lane Comp High School

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP


Nearby Locations

Jessica Bird

Jessica Bird

Agent License ID: 353136

+1(615) 635-3455

GET MORE INFORMATION

Name
Phone*
Message

Free Account Required

  • Instant access to listing photos & details
  • Save listings and searches
  • Access details for this property