Clarksville, TN 37040,701 Cumberland Dr
Clarksville, TN 37040,701 Cumberland Dr
Clarksville, TN 37040,701 Cumberland Dr
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Listed by Devan McClish • Everything Real Estate
$750,000
Est. payment /mo
4,780 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,780 sqft

Price per Sqft $156

Subdivision Elder

MLS Listing ID 2752559

HOA Y/N No

Year Built 1941

Annual Tax Amount $1,313

Property Description

10 Unit Apartment Complex in Clarksville! A lot of upgrades have been made to each building including new plumbing, new siding, renovating the units as they have turned over, new laundry building (remodeled). 6 units are fully renovated. Of the remaining 4, 2 have long-term tenants and 2 are currently vacant. The 2 vacant units have been demoed and are ready for renovation. In the 701 building, all tenants pay their own electric. In the 685 building there are 2 meters for 4 units, however current tenants pay for exact usage. Water is master metered, but tenants pay a monthly water fee and also a monthly laundry building usage fee. There is still value to add in this complex. Sale includes both 701 and 685 Cumberland Dr.

Location

State TN

County Montgomery County

Zoning commercial

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

View Y/N false

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Rossview Elementary

Middle Schools Rossview Middle

High Schools Rossview High

Others

Special Listing Condition Owner Agent


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agent

Erik Ramos

Broker | License ID: 366694

+1(931) 901-7471

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701 Cumberland Dr