Last Sold Price
8,508 sqft$118/sqft

Description

Very will maintained 8 unit apartment building Investment! Downtown Historic District of Springfield, walkable to many shops and restaurants. 2 bedroom / 1 bath units each with their own utility meters and mechanical equipment. 17 parking spaces. Current rents are below market with considerable upside potentialVery will maintained 8 unit apartment building Investment! Downtown Historic District of Springfield, walkable to many shops and restaurants. 2 bedroom / 1 bath units each with their own utility meters and mechanical equipment. 17 parking spaces. Current rents are below market with considerable upside potential
LISTING CLOSED: 01/21/2022 12:00 AM

  1. Listed by Martie Burnett • EXP Realty
    P: (615)-431-9802 C: (615)-519-7144 martie@burnettrealestategroup.com
  2. Listed by Matthew Burnett • EXP Realty
    P: (615)-533-6550 C: (615)-533-6550 matt@burnettrealestategroup.com

Property Details for 405 Locust Street

Status
MLS #
2272074
Days on Market
124
Taxes
$4,331 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1920
Lot Size
0.41 AC / 17,859 SF
Subdivision Name
None
Waterfront
No

Location

Listing Courtesy of EXP Realty, Martie Burnett (615.519.7144); EXP Realty, Matthew Burnett (615.533.6550)

Sold By EXP Realty, Matthew Burnett (615.533.6550); EXP Realty, Martie Burnett (615.519.7144)

Add your commute

Building Information for 405 Locust Street

Stories2Residences8Year Built1920Building Size-Lot Size0.41 AC / 17,859 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$5,444 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,083

Property Taxes

$361

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 405 Locust Street

Summary
Location and General Information
  • Directions: From Memorial Blvd. turn left on to 5th Avenue then right on Locust Street
  • Elementary School: Cheatham Park Elementary
  • High School: Springfield High School
  • Levels: Two
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Springfield Middle School
  • Mlg Can View: Yes
  • Zoning: Res
Parking
  • Garage Spaces: .00
  • Parking Features: Asphalt
  • Parking Total: .00
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Carpet, Vinyl
Lot Information
  • Lot Size Source: Calculated from Plat
  • Lot Size Units: Acres
  • Parcel Number: 080G D 03800 000
  • Lot Size Area: 0.41
Property and Assessments
  • Construction Materials: Brick
  • Documents Count: 0
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: No
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Asphalt
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Unit 1
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Tenant Pays: Electricity, Gas, Water
  • Total Actual Rent: $3,200

Property History for 405 Locust Street

DateEvent & SourcePriceAppreciation
Jan 21, 2022

Closed

REALTRACS #2272074

$1,000,000—
Jan 20, 2022

Closed (Public Record)

Public Record #1484234741

$1,000,000

+12.4% / yr

Nov 15, 2021

Contract - Not Showing

REALTRACS #2272074

—
DateEvent & SourcePrice
01/21/2022

Closed

REALTRACS #2272074

$1,000,000
01/20/2022

Closed (Public Record)

Public Record #1484234741

$1,000,000

+12.4% / yr

11/15/2021

Contract - Not Showing

REALTRACS #2272074

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 405 Locust Street

Taxable ValueLand$68,000Additions$343,960Total$411,960
Home Facts
Total Finished SqFt8,504 SqFtAbove Grade Finished SqFt8,504 SqFtUnfinished Basement SqFt1,548 SqFtStories2Lot Size17,596 SqFtStyleMulti-Family Res (5+ Units)Year Built1920Year Renovated2005CountyROBERTSONAPN080G D 03800

Schools near 405 Locust Street

This home is within Robertson County School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
Westside Elementary School
PublicK to 2

Cheatham Park Elementary School
Public3 to 5

Innovation Academy of Robertson County
Public6 to 12

Springfield High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
$135,000
–
4
1,966
0.21
–
–
1
1,266
0.23
$450,000
–
2
2,016
0.21
$115,000
–
3.5
3,290
0.16
$260,000
–
1,737
0.28

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, Martie Burnett (615.519.7144); EXP Realty, Matthew Burnett (615.533.6550)

Based on information submitted to the MLS GRID as of 01/21/2022 10:42 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.