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Listed by A.J. Sanchez • Berkshire Hathaway HomeServices Woodmont Realty
$ 700,000
Est. payment /mo
Active
917 S High St Columbia, TN 38401
2,450 SqFt
UPDATED:
11/05/2024 06:01 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $285
MLS Listing ID 2746663
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,615
Lot Dimensions 50X85
Property Description
This 6-unit apartment building sits in the heart of the Columbia Arts District, offering a prime location just steps from the Columbia Arts Building (CAB), the Library, and downtown Columbia. Tenants enjoy a walkable lifestyle, with access to the area’s vibrant culture and amenities. Half of the units are already renovated, with the other half ready for upgrades, giving the property even more potential. The building boasts an 8% pro forma cap rate, making it a smart investment. Initially planned as a “Music Legends” short-term rental, this property’s proximity to The Mulehouse inspired themed units honoring legendary musicians. However, with the current market, it’s now available as a cash-flowing rental property. I’ve taken great care of this building, replacing much of the plumbing and essential fixtures. Properties in this sought-after area don’t last long – seize this opportunity while you can! Please do not disturb the tenants.
Location
State TN
County Maury County
Zoning CD 5
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 Frame,Vinyl Siding
New Construction false
Schools
Elementary Schools Highland Park Elementary
Middle Schools Whitthorne Middle School
High Schools Columbia Central High School
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