2050 Lewisburg Highway

Pulaski, TN 38478

$550,000
Price
5
Beds
4
Baths
5,328 Sq. Ft.
$103 / Sq. Ft.
5,328
Sq. Ft.
$103
per Sq. Ft.

Description

Welcome to this exceptional investment offering a 5-unit multi-plex with a remarkable cap rate of 8.4%. Situated in a prime location, this property provides the perfect balance between accessibility to the town and the main highway, while still exuding a sense of tranquility and seclusion. With recent renovations, including new flooring, new roof, new windows, new minisplit hvac units, new kitchen cabinets and fresh paint, along with all-year leases and full occupancy, this multi-plex promises a...Welcome to this exceptional investment offering a 5-unit multi-plex with a remarkable cap rate of 8.4%. Situated in a prime location, this property provides the perfect balance between accessibility to the town and the main highway, while still exuding a sense of tranquility and seclusion. With recent renovations, including new flooring, new roof, new windows, new minisplit hvac units, new kitchen cabinets and fresh paint, along with all-year leases and full occupancy, this multi-plex promises a lucrative and stable investment for the savvy investor. All information is in the document section below. Please contact listing agent for any questions!
  1. Listed by Cade Landers • Keller Williams Realty • 9313099568

Property Details for 2050 Lewisburg Highway

Subdivision Name
n/a
Waterfront
No

Location

Listing Courtesy of Keller Williams Realty, Cade Landers (931.309.9568)
Add your commute
LISTING UPDATED: 04/10/2024 01:10 PM

Property Details for 2050 Lewisburg Highway

StatusActive
MLS #2641214
Days on Market23
Taxes$1,645 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size-
CountyGiles County

Location

Listing Courtesy of Keller Williams Realty, Cade Landers (931.309.9568)
Add your commute

Building Information for 2050 Lewisburg Highway

Stories2Residences5Year Built1960Building Size-Lot Size-

Payment Calculator

$3,139 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$137

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2050 Lewisburg Highway

Summary
Location and General Information
  • Directions: From Interstate Exit 22, drive towards Pulaski on 31A. Continue about 9 miles to drive way on the left.
  • Elementary School: Pulaski Elementary
  • High School: Giles Co High School
  • Levels: Two
  • Living Area Source: Professional Measurement
  • Living Area Units: Square Feet
  • Middle Or Junior School: Bridgeforth Middle School
  • Mlg Can View: Yes
  • Zoning: Res
Parking
  • Garage Spaces: .00
  • Parking Features: Gravel, Unassigned
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Professional Measurement
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Professional Measurement
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Professional Measurement
  • Building Area Units: Square Feet
  • Flooring: Vinyl
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 086 00901 000
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Brick, Vinyl Siding
  • Documents Count: 10
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Electric
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • 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: Shingle
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Unit 1
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $1,310.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $1,060.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $4,520

Property History for 2050 Lewisburg Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2050 Lewisburg Highway

Taxable ValueLand$16,560Additions$147,920Total$164,480
Tax Record2023$3,340 ($278 / month)
Home Facts
Total Finished SqFt6,420 SqFtAbove Grade Finished SqFt3,478 SqFtFinished Basement SqFt2,942 SqFtStories1Lot Size95,832 SqFtStyleMulti-Family Res (5+ Units)Year Built1960Year Renovated1999CountyGILESAPN028086 00901Fireplace TypeHas Fireplace

Schools near 2050 Lewisburg Highway

This home is within Giles County School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Pulaski Elementary School
PublicPK to 2

Southside Elementary School
Public3 to 5

Bridgeforth Middle School
Public6 to 8

Giles Co 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

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2050 Lewisburg Highway is a multi-family home for sale in Pulaski, TN 38478. This property was listed for sale on July 27, 2023 by Keller Williams Realty, it's currently listed at $550,000. It has been on the market for a total of 23 days and was last sold on September 8, 2022. This listing's school district is Giles County School District. Nearby schools include Pulaski Elementary School, Southside Elementary School and Bridgeforth Middle School. 2050 Lewisburg Highway is a 5-bed, 4-bath, 5,328 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Cade Landers (931.309.9568)

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