Nathan Cate
BEDS0
BATHS
SQUARE FEET5,000
MLS#3627146
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRidgetop Plaza
Property Description
EXCELLENT INVESTMENT OPPORTUNITY IN RIDGETOP/GREENBRIER! Enjoy Lower Taxes in Robertson County but easy commute to Nashville. Three spacious, townhome-style rental units in one building situated on approximately 1.6 level acres with abundant parking and a peaceful, private setting! Offering approximately 5,000 square feet, this triplex features three generously sized units, each with its own front and back entrance, 3-4 bedrooms, and 2 full bathrooms. All three units have received updates, including nearly new HVAC systems and updated electrical. New Metal Roof in 2019. IMMEDIATE RENTAL INCOME WITH ADDITIONAL INCOME POTENTIAL! Two units are currently leased, generating $3,600 per month. Unit A rents for $1,700 per month, and Unit C rents for $1,900 per month. Unit B is vacant for convenient showings, with projected rental income of $1,800 per month. Potential gross rental income of $5,400 monthly or $64,800 annually when fully leased at projected income! Conveniently located in Ridgetop/ Greenbrier with access to Springfield, Goodlettsville, and Nashville, this property offers an attractive opportunity for investors seeking multiple income streams or buyers interested in living in one unit while renting the others. Three substantial rental units, generous acreage, ample parking, and income-producing potential make this a unique investment opportunity in Robertson County! Owner also recently updated the step/septic/sewer system.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Roof Type: Metal
Stories: 2.0
Taxes: $5,063
Year Built: 1974
Feature Descriptions
Days on Site: 9
Exterior: Brick
Flooring: Carpet, Laminate
Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Parcel#: 132L B 05700 000
Parking: Driveway, Gravel
Parking Notes: Driveway, Gravel
Sewer: STEP System
Units: 3
Utilities: Electricity Available, Water Available
Water: Public
Local Schools
High School: Greenbrier High School
Middle School: Greenbrier Middle School
Elementary School: Watauga Elementary
Listed By / Shown By
Listed By
Agency Name: Crye-Leike Music City
Agency Phone: 6159880987
Shown By
Agent Name: Nathan Cate
Agent Phone: (865) 660-7191
Agency Title: Franklin Realty Inc.
Estimate Your Payment
Estimated Payment
$ 5,238.96 per month $4,598.29 Principal & Interest $421.92 Property Tax $218.75 Homeowner's InsuranceChange Payment Information
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1861 Woodruff Ave | MLS# 3627146
This multi-family property located at 1861 Woodruff Ave, Greenbrier, TN 37073 is currently listed for sale with an asking price of $750,000. Search Greenbrier real estate on ncate.franklinrealty.com today.