701 Cumberland Dr, Clarksville, TN, 37040
2beds
2baths
6,180sqft
$675,000
$109price/sqft
$4,630/moest. monthly cost
$185,200/yrincome needed
About This Home
Almost all units have been renovated and the rent has been raised. Over $75,000 in annual operating gross income. Tenants either pay utilities separately or pay a monthly fee to cover any master meters. Tenants also pay a monthly laundry fee to use the laundry building. 10 total units across both buildings with the separate laundry building. There is potential to continue to raise the rents in place. One building has 6 units and the other has 4 units.All one bedroom one bathroom units with one studio apartment.
Getting Around
49
Car-Dependent0
Very Limited Transit23
Somewhat BikeableSchools
5/10
7/10
7/10
Construction
Condition
- Year built: 1941
Materials
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Flooring: Laminate
- Finished area above ground: 6,180
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 6,180
- Total interior livable area: 6,180 sqft
Property
Details
- Parcel number: 063066K J 04700 00012066N
- Attached to another structure: Yes
- Zoning: R2
- Special condition: Owner Agent
Features
- Levels: One
- Stories: 2
Parking
- Total spaces: 10
- Parking features: Gravel
- Has uncovered spaces: Yes
- Uncovered spaces: 10