TN > Clarksville
Clarksville, TN 37043,2314 Old Ashland City Rd
Clarksville, TN 37043,2314 Old Ashland City Rd
Clarksville, TN 37043,2314 Old Ashland City Rd
Clarksville, TN 37043,2314 Old Ashland City Rd
Clarksville, TN 37043,2314 Old Ashland City Rd
Clarksville, TN 37043,2314 Old Ashland City Rd
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Jeff Lucas

Jeff Lucas

+1(615) 207-5602
Listed by Joey Williamson • Keller Williams Realty
$ 550,000
Est. payment | /mo

2,440 SqFt

Save
$ 550,000
Est. payment | /mo
Save

2,440 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,440 sqft

Price per Sqft $225

MLS Listing ID 2768121

HOA Y/N No

Year Built 1940

Annual Tax Amount $1,828

Lot Dimensions .53

Property Description

Welcome to the healthiest multi-family investment you have scrolled upon this year, $60,000 in gross revenue in 2023! On track for $40K this year and that is with vacancies for repairs and remodels. The top two units (1 & 2) are successful AirBnB's and the bottom two (3 & 4) are Long Term Rental properties that are leading the way in local value with location and amenities. With 86.2% occupancy rate for Unit 1 and 97.6% for Unit 2; this property has a strong track record for competitiveness in the area. Unit 3 & 4 are actively being marketed for rent and with brand new flooring, paint, and is 100% turnkey. The land is already zoned for R-2 and with .25 acre of bare land and plenty of road frontage: this land is ready to divide and build to the rear! Did we mention that it has an Assumable (VA) 2.75% interest rate?! Call and ask for the proforma and details of the rate! Say hello to your first/best investment of 2025.

Location

State TN

County Montgomery County

Zoning R-2

Interior

Heating Other

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Roof Type Asphalt

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Schools

Elementary Schools Barksdale Elementary

Middle Schools Richview Middle

High Schools Clarksville High

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“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(615) 207-5602

jeff@thelucasgrouptn.com

131 Saundersville Rd, Suite 130, Hendersonville, TN, 37075, United States

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2314 Old Ashland City Rd