701 Cumberland Drive

701 Cumberland Drive

Clarksville, TN 37040

$430,000
Last Sold Price
4
Beds
4
Baths
4,693 Sq. Ft.
$92 / Sq. Ft.
4,693
Sq. Ft.
$92
per Sq. Ft.

Closed 10/5/22

Closed 10/5/22

a view of a house with a yard and fence
a front view of a house with garden
a bathroom with a sink and a mirror
a room with a refrigerator a washer and dryer
wooden floor in an empty room with a window
a view of empty room with wooden floor and windows
a bathroom with a sink and toilet
an empty room with wooden floor and windows
a view of an empty room with wooden floor
an empty room with wooden floor and windows
a view of a backyard with sitting area
a front view of a house with a yard

Description

Terrific value add opportunity in booming Downtown Clarksville. Lots of new growth in the area to include new student housing, new restaurants, shops, and F&M Bank Arena, opening next year. Good time to take advantage of the growing Clarksville/Middle Tennessee real estate market. Great depreciation for 2022 income, or fix and flip. Current structure has landlord paying water and electric. Sale includes two parcels (side by side): 701 Cumberland Dr. ( Parcel ID/Tax ID 066K J 04700 000) and 681/685...Terrific value add opportunity in booming Downtown Clarksville. Lots of new growth in the area to include new student housing, new restaurants, shops, and F&M Bank Arena, opening next year. Good time to take advantage of the growing Clarksville/Middle Tennessee real estate market. Great depreciation for 2022 income, or fix and flip. Current structure has landlord paying water and electric. Sale includes two parcels (side by side): 701 Cumberland Dr. ( Parcel ID/Tax ID 066K J 04700 000) and 681/685 Cumberland Dr. (Parcel ID/Tax ID 066K J 04800 000) for a total of 10 units and an additional building which currently hosts coin operated laundry machines.
  1. Listed by Christian Black • Century 21 Platinum Properties • 9318018660
  2. Listed by Christian Black • Century 21 Platinum Properties

Property Details for 701 Cumberland Drive

Subdivision Name
Elder
Waterfront
No

Location

Listing Courtesy of Century 21 Platinum Properties, Christian Black (931.801.8660); Century 21 Platinum Properties, Christian Black (931.801.8660)

Sold By Everything Real Estate, Devan McClish (615.418.3133)

Add your commute
LISTING UPDATED: 12/07/2023 01:26 PM

Property Details for 701 Cumberland Drive

StatusClosed
MLS #2390244
Days on Market67
Taxes$2,438 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.09 AC / 3,920 SF
CountyMontgomery County

Location

Listing Courtesy of Century 21 Platinum Properties, Christian Black (931.801.8660); Century 21 Platinum Properties, Christian Black (931.801.8660)

Sold By Everything Real Estate, Devan McClish (615.418.3133)

Add your commute

Building Information for 701 Cumberland Drive

Stories2Residences10Year Built1941Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$2,550 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,347

Property Taxes

$203

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 701 Cumberland Drive

Summary
Location and General Information
  • Directions: From Riverside Dr., take Crossland Ave., left on Cumberland Dr., properties are on the right. (Please do not disturb tenants)
  • Elementary School: Norman Smith Elementary
  • High School: Rossview High School
  • Levels: Two
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Rossview Middle School
  • Mlg Can View: Yes
  • Zoning: R2/C2
Parking
  • Garage Spaces: .00
  • Parking Total: .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: Vinyl
Lot Information
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Parcel Number: 063066K J 04700 00012066N
  • Structure Type: Multi Family
  • Lot Size Area: 0.09
Property and Assessments
  • Construction Materials: Vinyl Siding
  • Documents Count: 1
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: No
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: Share
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Unit 1
  • Unit Type Actual Rent: $550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $2,200

Property History for 701 Cumberland Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 701 Cumberland Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$1,743 ($145 / month)
Home Facts
Total Finished SqFt3,580 SqFtAbove Grade Finished SqFt3,580 SqFtStories2Lot Size4,792 SqFtStyleStoresYear Built1941ZoningR-2CountyMONTGOMERYAPN066K J 04700 000

Schools near 701 Cumberland Drive

This home is within Montgomery County School District.
Rating
School
Type
Grades
Distance
Norman Smith Elementary School
Public - PK to 5
Rossview Middle School
Public - 6 to 8
Rossview High School
Public - 9 to 12
The Middle College @ Austin Peay State Univ
Public - 11 to 12
Rating
School
Distance
Norman Smith Elementary School
PublicPK to 5

Rossview Middle School
Public6 to 8

Rossview High School
Public9 to 12

The Middle College @ Austin Peay State Univ
Public11 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.

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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 Century 21 Platinum Properties, Christian Black (931.801.8660); Century 21 Platinum Properties, Christian Black (931.801.8660)

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: 12/07/2023 01:26 PM