Address
202 Woodruff St Madison, TN
Price
$ 2,500,000
Property Attributes
  • MLS#2396986
  • TypeMulti-Family
  • CountyDAVIDSON
  • CityMadison
  • NeighborhoodDouglas-Levine
  • Zip37115
  • Style
  • Year Built1974
  • Taxes$ 11203
  • Price$ 2,500,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage6192
  • Lot Size0.34 Acres
Listing Provided Courtesy Of:
Everything Real Estate - 6157972466
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description

Recently completely remodeled 14 Unit Apartment Complex right off of Gallatin Pike in Madison neighboring Kroger! Recently fully leased for 12,600! Everything has been rebuilt from the studs in this building! Rents in individual units have been raised to $995 and there is room to grow! There are a few vacant units so it is easy to show! All 1 bedroom / 1 bathroom units. Owner pays water and trash, tenants pay for everything else. There is also a unused billboard on the property that can be used or leased out! Gross income is the building fully leased, we are leaving several open in order to show the building!

Elementary School Middle School High School
Madison School Elementary School Madison School Middle School Maplewood Comp High School
Price History
6/13/2022 Listed $2,500,000

General Features

Attached Garage No
Building Area Units Square Feet
Buyer Financing Conventional
Carport Y/N No
City Madison
Construction Materials Fiber Cement
Cooling Electric
County Davidson County, TN
Directions I65N exit Madison, turn right on Madison Station, left on Woodruff
Elementary School Madison School
Garage Y/N No
Grossincome 13930
Heating Electric
High School Maplewood Comp High School
Levels Two
Middle/Junior High School Madison School
Net Operating Income 13929
New Construction No
Operatingexpense 1
Ownerpays Water
Possession Close Of Escrow
Property Attached Y/N No
Property Type Residential Income
Roof Membrane
Sewer Public Sewer
Standard Status Active
Status Active
Stories 2
Street Name Woodruff St
Subdivision Name Douglas-Levine
Tax Annual Amount 11203
Total Actual Rent 3980
Total Units 14
Year Built 1974
Year Built Details RENOV
Zoning CS

Interior Features

Above Grade Finished Area 6192
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 Laminate
Heating Y/N Yes
Living Area 6192
Living Area Units Square Feet
Livingareasource Assessor

Exterior Features

Building Area Total 6192
Inclusions NOFUR
Lot Dimensions 152 X 100
Lot Size Acres 0.34
Lot Size Area 0.34
Lot Size Source Assessor
Lot Size Units Acres
View Y/N No
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
$2.5M
Taxes
AVG $5,163
$11,203
Visits
AVG 22
12
Year Built
AVG 1967
1974
Walkscore
AVG 26
69
Data Provided by Walkscore ® not using MLS data