Description
Fully occupied income generating QUADPLEX asset! $51,960 in annual rent income! 9.1% cap rate with the expenses mentioned below. Each unit is individually metered! Utilities are paid by tenant and trash is provided by the city. Great house hacking opportunity, live in one unit and rent the others out to pay the mortgage! Rents are as follows $1,200 ( expires 8/31/2027) , $1,025 ( expires 5/31/2027), $1,025 ( expires 12/30/26) , $1,080 ( expires 6/30/27).Property tax is $2,543 a year , insurance is $2,664 a year. Sellers had an inspector do a report last month and has fixed/updated the issues. Each unit has washer and dryer hook ups( tenants bring and maintain their own washer and dryers). Landlord provides refrigerator, stove/range, pest control ( seller pays $60 a month), landscaping ( $200 a month for 6 months of the year), and HVAC. HVAC ages are unknown however sellers fix and replace the units as needed. No major deferred maintenance as maintenance requests are promptly addressed. Metal roof (age unknown but is in great shape). CAN CONTACT AGENT FOR ACCESS FOR SOME VIDEO WALKTHROUGHS OF TWO UNITS. DO NOT DISTURB TENANTS, SHOWINGS ALLOWED AFTER SIGNED CONTRACT RECEIVED AND APPROVED BY SELLERS. Seller is NOT entertaining seller financing. Buying agent to verify all information in this listing for accuracy. Agent/Broker has a personal interest in this property.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
-
3,192SQFT
-
$157$/SQFT
School Information
Description
Fully occupied income generating QUADPLEX asset! $51,960 in annual rent income! 9.1% cap rate with the expenses mentioned below. Each unit is individually metered! Utilities are paid by tenant and trash is provided by the city. Great house hacking opportunity, live in one unit and rent the others out to pay the mortgage! Rents are as follows $1,200 ( expires 8/31/2027) , $1,025 ( expires 5/31/2027), $1,025 ( expires 12/30/26) , $1,080 ( expires 6/30/27).Property tax is $2,543 a year , insurance is $2,664 a year. Sellers had an inspector do a report last month and has fixed/updated the issues. Each unit has washer and dryer hook ups( tenants bring and maintain their own washer and dryers). Landlord provides refrigerator, stove/range, pest control ( seller pays $60 a month), landscaping ( $200 a month for 6 months of the year), and HVAC. HVAC ages are unknown however sellers fix and replace the units as needed. No major deferred maintenance as maintenance requests are promptly addressed. Metal roof (age unknown but is in great shape). CAN CONTACT AGENT FOR ACCESS FOR SOME VIDEO WALKTHROUGHS OF TWO UNITS. DO NOT DISTURB TENANTS, SHOWINGS ALLOWED AFTER SIGNED CONTRACT RECEIVED AND APPROVED BY SELLERS. Seller is NOT entertaining seller financing. Buying agent to verify all information in this listing for accuracy. Agent/Broker has a personal interest in this property.
Properties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (The Miles Team | Compass Tennesee, LLC, 615-375-3575). IDX information © 2026 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or The Miles Team | Compass Tennesee, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-10-05T07:07:54.663.
Based on information submitted to the MLS GRID as of 2026-10-05T07:07:54.663. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
Offered by TAP REALTY PLLC: .
Copyright 2026 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.