209 East Webster Street

Madison, TN 37115

$599,999
Price
4
Beds
4
Baths
2,046 Sq. Ft.
$293 / Sq. Ft.
2,046
Sq. Ft.
$293
per Sq. Ft.

Description

SVN Accel Commercial Real Estate is pleased to present a rare Investment opportunity to own Three 4 units in Nashville. 4 Unit building is part of a 12 unit portfolio. Prefer to sell 5144 & 5152 Linbar Dr (MLS #2640792) & (MLS #2640794) together as 8 units. 209 E Webster is included in the portfolio and can be sold separately. Commercially Zoned OR20. Building has been professionally maintained and managed by a local property manager. Units are all 1 bed 1 bath, separate utilities, tenants pay all...SVN Accel Commercial Real Estate is pleased to present a rare Investment opportunity to own Three 4 units in Nashville. 4 Unit building is part of a 12 unit portfolio. Prefer to sell 5144 & 5152 Linbar Dr (MLS #2640792) & (MLS #2640794) together as 8 units. 209 E Webster is included in the portfolio and can be sold separately. Commercially Zoned OR20. Building has been professionally maintained and managed by a local property manager. Units are all 1 bed 1 bath, separate utilities, tenants pay all utilities. 10yr old metal roof, newer LVP flooring, new paint, water heaters, designated parking spaces in the back. Window AC units for cooling, baseboard heating. Rents are currently below market. Light value add opportunity to increase rents & maximize income. All tenants are on annual leases. Located in the growing Madison neighborhood. Property occupancy rate has been near 100% since acquisition. See attached brochure for more info on the portfolio opportunity.
  1. Listed by Jake Clark • SVN Accel Commercial Real Estate • 6155680167

Property Details for 209 East Webster Street

Subdivision Name
Montague
Waterfront
No

Location

Listing Courtesy of SVN Accel Commercial Real Estate, Jake Clark (615.568.0167)
Add your commute
LISTING UPDATED: 04/29/2024 03:59 PM

Property Details for 209 East Webster Street

StatusActive Under Contract
MLS #2640789
Days on Market18
Taxes$2,529 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1982
Lot Size-
CountyDavidson County

Location

Listing Courtesy of SVN Accel Commercial Real Estate, Jake Clark (615.568.0167)
Add your commute

Building Information for 209 East Webster Street

Stories2Residences4Year Built1982Building Size-Lot Size-

Payment Calculator

$3,485 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$211

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 209 East Webster Street

Summary
Location and General Information
  • Directions: Gallatin Pike N, turn left onto E Webster St, Property is on the left.
  • Elementary School: Stratton Elementary
  • High School: Hunters Lane Comp High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Madison Middle
  • Mlg Can View: Yes
  • Zoning: OR20
Parking
  • Total Non Garage Parking Spaces: 4.0
  • Garage Spaces: .00
  • Parking Total: 4.00
Taxes and HOA Information
  • Condo Coop Association YN: No
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: Laminate
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 14802010800
  • Structure Type: Quadruplex
Property and Assessments
  • Construction Materials: Brick, Vinyl Siding
  • Documents Count: 0
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Security Features: Smoke Detector(s)
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Metal
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Unit 1
  • Unit Type Actual Rent: $875.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $875.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $825.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $2,575

Property History for 209 East Webster Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 209 East Webster Street

Taxable ValueLand$18,280Additions$59,440Total$77,720
Tax Record2023$2,529 ($211 / month)
Home Facts
Baths4Total Finished SqFt2,206 SqFtAbove Grade Finished SqFt2,206 SqFtStories2Lot Size15,246 SqFtStyleQuadraplexYear Built1982ZoningOR20CountyDAVIDSONAPN051-08-0-202-00Fireplace TypeHas Fireplace

Schools near 209 East Webster Street

This home is within Davidson County.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Stratton Elementary School
PublicPK to 4

Madison Middle Prep
Public5 to 8

Hunters Lane Comp High School
Public9 to 12

Smithson Craighead Academy
CharterK to 4

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.

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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 SVN Accel Commercial Real Estate, Jake Clark (615.568.0167)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 04/29/2024 03:59 PM