Price Reduction - Views
Address
214 Rio Vista Dr Madison, TN
Price
$ 838,000
Property Attributes
  • MLS#2386345
  • TypeMulti-Family
  • CountyDAVIDSON
  • CityMadison
  • Zip37115
  • Style
  • Year Built1981
  • Taxes$ 3519
  • Price$ 838,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage4008
  • Lot Size9,148 SqFt
Listing Provided Courtesy Of:
Residential Investment Advisors - 6159658800
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description

**Rents are low- can be easily pushed to $1450-$1500** Two spacious duplexes located in the heart of Madison, TN overlooking the Cumberland river, just 15 minutes away from downtown Nashville. Three of the four units have been newly renovated with hardwood flooring, granite countertops, new sinks and fixtures, new cabinets and new appliances. Both duplexes have new roofs and new windows. Each unit is 2bed/2bath at 1000 sq ft. and includes a 4x6 exterior storage unit. Attractive location in a quiet and safe neighborhood with river fishing access and astounding views. Great cash flow opportunity with little CapEx needed.

Elementary School Middle School High School
Amqui Elementary Neelys Bend Middle School Hunters Lane Comp High School
Price History
5/16/2022 Listed $858,000
6/14/2022 3% - $838,000

General Features

Attached Garage No
Building Area Units Square Feet
Carport Y/N No
City Madison
Construction Materials Vinyl Siding
Cooling Central Air
County Davidson County, TN
Days on Market 27
Directions From US-70, merge onto I-65 N via the ramp toward Memphis. Take exit 86A on the L toward Clarksville. Take the TN-45/Old Hickory Blvd exit, Exit 92
Elementary School Amqui Elementary
Garage Y/N No
Grossincome 46476
Heating Central
High School Hunters Lane Comp High School
Levels One
Middle/Junior High School Neelys Bend Middle School
Net Operating Income 37094
New Construction No
Open Parking Spaces 8
Operatingexpense 9382
Possession Close Of Escrow
Property Attached Y/N No
Property Type Residential Income
Roof Shingle
Sewer Public Sewer
Standard Status Active
Status Active
Stories 1
Street Name Rio Vista Dr
Subdivision Name N/A
Tax Annual Amount 3519
Total Actual Rent 3873
Total Units 4
View River
Year Built 1981
Year Built Details RENOV
Zoning Residentia

Interior Features

Above Grade Finished Area 4008
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Air Conditioning Y/N Yes
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Fireplace Y/N No
Flooring Vinyl
Heating Y/N Yes
Laundry Features Individual
Living Area 4008
Living Area Units Square Feet
Livingareasource Assessor

Exterior Features

Building Area Total 4008
Inclusions NOFUR
Lot Dimensions 50 X 196
Lot Size Acres 0.21
Lot Size Area 0.21
Lot Size Source Assessor
Lot Size Units Acres
Parking Features Unpaved
Total Parking 8
View Y/N Yes
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 37115

Price
AVG $1.21M
$840K
Taxes
AVG $5,163
$3,519
Visits
AVG 22
29
Year Built
AVG 1967
1981
Walkscore
AVG 26
14
Data Provided by Walkscore ® not using MLS data