TN > Mcminnville > Orsborn Sub
Mcminnville, TN 37110,304 Chambers St
Mcminnville, TN 37110,304 Chambers St
Mcminnville, TN 37110,304 Chambers St
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Troy Charlton

Troy Charlton

+1(615) 260-0521
Listed by Albert (Drake) L. Drake • Residential Investment Advisors
$395,000
Est. payment /mo
3,480 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,480 sqft

Price per Sqft $113

Subdivision Orsborn Sub

MLS Listing ID 3061309

HOA Y/N No

Year Built 1978

Annual Tax Amount $1,959

Lot Dimensions 211X128 IRR

Property Description

28,166 NOI - 7.1 Cap Current | 41.4k NOI - 10 cap Proforma. Here's an opportunity to capture a solid quadplex in a solid, quiet neighborhood in the growing McMinnville Market. With new windows, metal roofs, and some recent interior updates already taken care of, this is a light managerial value-add with great upsides. Each unit is a 2bd/1ba with approximately 870sf in each unit, and a washer/dryer hookup is available in each unit. Separate Electric & Master Water. 2 Annual leases and 2 M2M leases, currently. Great addition to a portfolio owner or a newer investor looking to get into multifamily investments with a smaller barrier of entry.

Location

State TN

County Warren County

Zoning R1

Interior

Heating Electric

Cooling Ceiling Fan(s), Electric

Flooring Wood, Laminate

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

View Y/N false

Roof Type Metal

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

New Construction false

Schools

Elementary Schools Hickory Creek School

Middle Schools Warren County Middle School

High Schools Warren County High School

Others

Senior Community false

Special Listing Condition Standard

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Troy Charlton

Troy Charlton

+1(615) 260-0521

Agent | License ID: 262996

Agent License ID: 262996

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