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Listed price in listed location currency (USD).
$395,000

005

MLS® 3245577

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 5258 sqft
Garage 
Taxes $384,967
Days Active 6
Lot Size 
Approx. Age 2026
Avg. Price Per Sqft $75
MLS® Number 3245577

Property Address: 417 Haynes Street 419, Lewisburg, TN, 37091

Average square foot calculated using Size range provided by listing agent.

Description

Income-Producing 5-Plex Investment Opportunity-Do not disturb current tenants. Excellent opportunity to own a fully leased 5-unit investment property consisting of a quadplex in the front and a separate single-family home in the rear. The front building includes three 2-bedroom units and one 3-bedroom unit, while the rear home features 3 bedrooms, a dining room, large recreation room, a full unfinished basement, central heat and air, and washer/dryer connections. Originally built in 1926, this property offers immediate cash flow with long-term tenants who would like to remain. The owner currently pays water only, helping keep operating expenses relatively low. Back house rents for $1545 month This is a true value-add investment with plenty of potential. The property is being sold strictly "As Is, " and offers an excellent opportunity for an investor to enhance value over time through improvements and rental adjustments as desired. The property was reportedly once located on two separate lots, though the seller believes they may now be be combined into one parcel. Buyers should verify all information important to them. The seller expects to complete a 1031 Like-Kind Exchange, so the sale will likely be contingent upon identifying suitable replacement property. Whether you're looking to expand your investment portfolio or purchase a multi-unit property with strong upside potential, this fully occupied 5-plex is an opportunity worth considering.
MLS® Number3245577
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2026
Basement
DrivewayGravel
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Electric

Extras

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