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1514 Richmond Rd

Columbia, TN 38401
  • $5,999,900
  • STATUS: Active
  • ON SITE: 106 Days
  • MLS #: RTC2592261
UPDATED: 44 min ago
$5,999,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 28,000
    SQFT
  • $214
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:

School Information

Elementary School:
Middle School:

Description

Investment deal presents solid cap rate with growing market need. 15 duplexes (30 units) 100% occupied within 5 minutes of GM plant and new Ultium Cell Plant. 5 minutes to Target in Spring Hill, 10 minutes to downtown Columbia, 45 minutes to Nashville. Spring Hill High School within walking distance. Strong investment with definite value add opportunity. In 2023 four new roofs installed, three new sets of windows installed. 22/23 four new HVAC installed. Each unit has their own washer/dryer connections, range, dishwasher, deck, private entry, and separate meters. Tenants pay for their own utilities, lawn maintenance, and provide their own refrigerator, washer and dryer. Spacious parking with private driveway to each unit. Each duplex on septic system. Excellent location with easy access to Saturn Parkway & I-65, shopping, restaurants, and schools. ***DO NOT DISTURB TENANTS*** Direct all questions to listing agents.

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Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (The Milam Group at Fridrich & Clark Realty, (615) 414-9069). IDX information © 2024 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or The Milam Group at Fridrich & Clark Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-02-25T13:05:51.927.

Based on information submitted to the MLS GRID as of 2024-02-25T13:05:51.927. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.themilamgroup.com/homes/145173498
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1514 Richmond Rd Columbia, TN 38401

  • Price: $5,999,900
  • Status: Active
  • On Site: 106 Days
  • Updated: 44 min ago
  • MLS #: RTC2592261
0
Beds
0
Baths
0
½ Baths
N/A
Acres
28,000
SQFT
$214
$/SQFT
1990
Built
Neighborhood:
Carter S Station Sec 1
County:
Maury
Elementary School:
Spring Hill Elementary
Middle School:
Spring Hill Middle School
High School:
Spring Hill High School
Property Description
Investment deal presents solid cap rate with growing market need. 15 duplexes (30 units) 100% occupied within 5 minutes of GM plant and new Ultium Cell Plant. 5 minutes to Target in Spring Hill, 10 minutes to downtown Columbia, 45 minutes to Nashville. Spring Hill High School within walking distance. Strong investment with definite value add opportunity. In 2023 four new roofs installed, three new sets of windows installed. 22/23 four new HVAC installed. Each unit has their own washer/dryer connections, range, dishwasher, deck, private entry, and separate meters. Tenants pay for their own utilities, lawn maintenance, and provide their own refrigerator, washer and dryer. Spacious parking with private driveway to each unit. Each duplex on septic system. Excellent location with easy access to Saturn Parkway & I-65, shopping, restaurants, and schools. ***DO NOT DISTURB TENANTS*** Direct all questions to listing agents.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Covered Spaces 0 Garage YN No Levels One Parking Total 0 Roof Asphalt View YN No Waterfront YN No

Interior Features

Above Grade Finished Area 28000 Cooling Central AirElectric Cooling YN Yes Fireplace YN No Flooring CarpetTileVinyl Heating CentralNatural Gas Heating YN Yes

Property Features

Association YN No Building Area Total 28000 Gross Income 361740 Inclusions APPLN Laundry Features Individual Net Operating Income 296387 New Construction YN No Operating Expense 65353 Pool Private YN No Property Attached YN Yes Sewer Septic Tank Special Listing Conditions Owner AgentStandard Stories 1 Tax Annual Amount 24949 Total Actual Rent 2400 Water Source Public Year Built Details EXIST Zoning Rural Resi

Realtracs Solutions logo Offered by Crye-Leike, Inc., REALTORS: 9313840599. Copyright 2024 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (The Milam Group at Fridrich & Clark Realty, (615) 414-9069). IDX information © 2024 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or The Milam Group at Fridrich & Clark Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-02-25T13:05:51.927.

Based on information submitted to the MLS GRID as of 2024-02-25T13:05:51.927. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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The Milam Group at Fridrich & Clark Realty
5200 Maryland Way, Ste.101
Brentwood TN, 37027