14
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$374,900
Est. payment /mo
3,050 SqFt
Active Under Contract
222 Stratton Blvd Ashland City, TN 37015
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Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,050 sqft
Price per Sqft $122
MLS Listing ID 3035658
HOA Y/N No
Year Built 1988
Annual Tax Amount $1,804
Lot Dimensions 125X150
Property Description
Investment Opportunity: Fully-Occupied 4-Unit Asset in Ashland City
Address: 222 Stratton Blvd, Ashland City, TN 37015
Monthly Gross Income: $3,200
Occupancy: 100% (all four units leased)
Property Type: Four-plex / 4-unit multifamily
Property Overview
Introducing a turn-key multifamily investment in the heart of Ashland City—this wellloved, 4-unit property delivers immediate cash-flow from day one. All four units are occupied with long-term tenants, providing a solid income base and low vacancy risk. The property is located at 222 Stratton Blvd, offering convenient access to local amenities, schools, and commuting routes.
Key Investment Highlights
Stable Income Stream: Gross monthly rent of $3,200, fully leased.
Fully Occupied: No current vacancies—ideal for a buyer looking for reliable cash-flow.
Desirable Location: Situated in the Ashland City market, offering strong rental demand and community stability.
Efficient Ownership Model: One building with four units simplifies management and maintenance compared to separate properties.
Value-Add Potential: While currently fully occupied, future rent-growth opportunities exist as leases renew—an investor can improve cash-flow further through modest upgrades or optimized rents.
Attractive to Buyers & Lenders: With four units, this asset still qualifies for many multifamily financing models while offering better income diversification than a single-family rental.
Address: 222 Stratton Blvd, Ashland City, TN 37015
Monthly Gross Income: $3,200
Occupancy: 100% (all four units leased)
Property Type: Four-plex / 4-unit multifamily
Property Overview
Introducing a turn-key multifamily investment in the heart of Ashland City—this wellloved, 4-unit property delivers immediate cash-flow from day one. All four units are occupied with long-term tenants, providing a solid income base and low vacancy risk. The property is located at 222 Stratton Blvd, offering convenient access to local amenities, schools, and commuting routes.
Key Investment Highlights
Stable Income Stream: Gross monthly rent of $3,200, fully leased.
Fully Occupied: No current vacancies—ideal for a buyer looking for reliable cash-flow.
Desirable Location: Situated in the Ashland City market, offering strong rental demand and community stability.
Efficient Ownership Model: One building with four units simplifies management and maintenance compared to separate properties.
Value-Add Potential: While currently fully occupied, future rent-growth opportunities exist as leases renew—an investor can improve cash-flow further through modest upgrades or optimized rents.
Attractive to Buyers & Lenders: With four units, this asset still qualifies for many multifamily financing models while offering better income diversification than a single-family rental.
Location
State TN
County Cheatham County
Zoning COM
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Laminate
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Hardboard Siding
New Construction false
Schools
Elementary Schools Ashland City Elementary
Middle Schools Cheatham Middle School
High Schools Cheatham Co Central
Others
Senior Community false
Special Listing Condition Standard
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