$1,100,000
701 Cumberland Dr Clarksville, TN 37040
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Listed by Devan McClish • Everything Real Estate
$1,100,000
Est. payment /mo
4,780 SqFt
Active
701 Cumberland Dr Clarksville, TN 37040
UPDATED:
10/26/2024 04:04 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,780 sqft
Price per Sqft $230
Subdivision Elder
MLS Listing ID 2752559
HOA Y/N No
Year Built 1941
Annual Tax Amount $1,313
Property Description
10 Unit Apartment Complex in Clarksville! A lot of upgrades have been made to each building including new plumbing, new siding, renovating the units as they have turned over, new laundry building (remodeled). $5,780 monthly income with two vacant units currently for rent for $795. There is the opportunity to make the tenants pay their own electric as well. Water is master metered. Some of the units have been renovated, others are existing with good paying tenants. There is still value to add in this complex. Sale includes both 701 and 685 Cumberland dr.
Location
State TN
County Montgomery County
Zoning commercial
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
Waterfront false
View Y/N false
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Rossview Elementary
Middle Schools Rossview Middle
High Schools Rossview High
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