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Listed by Karen Hoff • Coldwell Banker Southern Realty
$395,000
Est. payment /mo
5,258 SqFt
New
417 Haynes Street 419 Lewisburg, TN 37091
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,258 sqft
Price per Sqft $75
Subdivision Lewisburg
MLS Listing ID 3245577
HOA Y/N No
Year Built 2026
Annual Tax Amount $384,967
Property Description
Income-Producing 5-Plex Investment Opportunity-Do not disturb current tenants.
Excellent opportunity to own a fully leased 5-unit investment property consisting of a quadplex in the front and a separate single-family home in the rear. The front building includes three 2-bedroom units and one 3-bedroom unit, while the rear home features 3 bedrooms, a dining room, large recreation room, a full unfinished basement, central heat and air, and washer/dryer connections.
Originally built in 1926, this property offers immediate cash flow with long-term tenants who would like to remain. The owner currently pays water only, helping keep operating expenses relatively low. Back house rents for $1545 month
This is a true value-add investment with plenty of potential. The property is being sold strictly "As Is," and offers an excellent opportunity for an investor to enhance value over time through improvements and rental adjustments as desired.
The property was reportedly once located on two separate lots, though the seller believes they may now be be combined into one parcel. Buyers should verify all information important to them.
The seller expects to complete a 1031 Like-Kind Exchange, so the sale will likely be contingent upon identifying suitable replacement property.
Whether you're looking to expand your investment portfolio or purchase a multi-unit property with strong upside potential, this fully occupied 5-plex is an opportunity worth considering.
Excellent opportunity to own a fully leased 5-unit investment property consisting of a quadplex in the front and a separate single-family home in the rear. The front building includes three 2-bedroom units and one 3-bedroom unit, while the rear home features 3 bedrooms, a dining room, large recreation room, a full unfinished basement, central heat and air, and washer/dryer connections.
Originally built in 1926, this property offers immediate cash flow with long-term tenants who would like to remain. The owner currently pays water only, helping keep operating expenses relatively low. Back house rents for $1545 month
This is a true value-add investment with plenty of potential. The property is being sold strictly "As Is," and offers an excellent opportunity for an investor to enhance value over time through improvements and rental adjustments as desired.
The property was reportedly once located on two separate lots, though the seller believes they may now be be combined into one parcel. Buyers should verify all information important to them.
The seller expects to complete a 1031 Like-Kind Exchange, so the sale will likely be contingent upon identifying suitable replacement property.
Whether you're looking to expand your investment portfolio or purchase a multi-unit property with strong upside potential, this fully occupied 5-plex is an opportunity worth considering.
Location
State TN
County Marshall County
Zoning Commercial
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Wood
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Asphalt
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction false
Schools
Elementary Schools Oak Grove Elementary
Middle Schools Lewisburg Middle School
High Schools Marshall Co High School
Others
Senior Community false
Special Listing Condition Standard
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