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323 Forest Park Rd #5-12, Madison, TN, 37115

2beds
2baths
1,050sqft
$155,000
$148price/sqft
$1,104/moest. monthly cost
$44,160/yrincome needed

About This Home

Updated, occupied, cash flowing! Currently rented for $1,525 per month! Located in the heart of Madison, 323 Forest Park Rd. offers a well-positioned opportunity to own five units within this development with convenient access to downtown Nashville, major roadways, shopping, dining, and local parks. This community provides a practical layout ideal for residents seeking affordability and accessibility in an established neighborhood. The property features a functional design with individual units that offer comfortable living spaces and efficient floor plans. Ample surrounding green space and a residential setting create a welcoming atmosphere, while proximity to public transportation and everyday amenities add to the property’s appeal. This unit is 1 of 5 Robin Hood Condos offered for sale as a package at $150,000 per unit. MLS numbers of included properties: 3099337,3099339,3099342,3099341,3099340. Properties do not qualify for traditional financing and will need to be purchased with cash, hard money, or a non-conforming loan. To protect the quiet enjoyment of the tenants please submit an offer contingent on viewing. Buyer to verify all pertinent information including but not limited to utilities, HOA, items to remain, leases, etc.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

4/10
4/10
Madison Middle PrepGrades 6-80.9 mi
4/10

Construction

Condition

  • Year built: 1969

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Oven

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Laminate
  • Finished area above ground: 1,050

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,050
  • Total interior livable area: 1,050 sqft

Property

Details

  • Parcel number: 043130A06000CO
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 435.60 sqft