701 Cumberland Dr
Clarksville, TN 37040
4780 sqft | #2752559
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.
Property Details
- Utility FeaturesElectricity Available, Water Available
- CountyMontgomery County, TN
- Elementary SchoolRossview Elementary
- Property SubtypeResidential Income
- Middle SchoolRossview Middle
- High SchoolRossview High
- Sewer InformationPublic Sewer
- Structure TypeMulti Family
- Original List Price$1,100,000
- Property TypePurchase
- MLS #2752559
- MLS #2752559
- Utility SourcePublic
- Taxes Annual$1,313
- Cost750000
- SubdivisionElder
- Square Feet4780
- Year Built1941
Location
Legal
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Last Updated: . Source: REALTRAC
Provided By
Listing Agent: Devan McClish (#RTC39118)
Listing Office: Everything Real Estate (#RTC2735)
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