1514 Richmond Rd, Columbia, Tennessee 38401

TN, Columbia
$4,900,000
  • Closed Status
  • 513 Days Off Market Sorry Charlie 🙁
  • Residential Income Property Type
  • 28000 Total Sqft $175/sqft
  • 1990 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown

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Property Description

Investment deal presents solid cap rate with growing market need. 15 duplexes (30 units) 100% occupied within 5 minutes of GM plant and new Ultium Cell Plant. 5 minutes to Target in Spring Hill, 10 minutes to downtown Columbia, 45 minutes to Nashville. Spring Hill High School within walking distance. Strong investment with definite value add opportunity. In 2023/2024 five new roofs installed, three new sets of windows installed. 22/23 four new HVAC installed. Each unit has their own washer/dryer connections, range, dishwasher, deck, private entry, and separate meters. Tenants pay for their own utilities, lawn maintenance, and provide their own refrigerator, washer and dryer. Spacious parking with private driveway to each unit. Each duplex on septic system. Excellent location with easy access to Saturn Parkway & I-65, shopping, restaurants, and schools. ***DO NOT DISTURB TENANTS*** Direct all questions to listing agents.

Property Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • MLS #: 2671859
  • Price: $4,900,000
  • Square Footage: 28,000 Sqft
  • Year Built: 1990
  • Office Name: Crye-Leike, Inc., REALTORS
  • Agent Name: Robert (Lee) Walker
  • Property Attached: Yes
  • Roof: Asphalt
  • Listing Status: Closed
Location Info
  • Street Number: 1514
  • Street: Richmond Rd
  • City Columbia
  • State TN
  • Zipcode 38401
  • County Maury County, TN
  • Subdivision Carter S Station Sec 1
  • Longitude: W87° 1' 7''
  • Latitude: N35° 42' 49.4''
  • Zoning: Rural Resi
  • Directions: Located near Spring Hill High School. From Hwy 31, turn next to the Shell Station on old Hwy 31 beside SHHS, turn right onto Carters Creek Station Road, turn right on Richmond Rd, Columbia
Features
  • Heating System Central, Natural Gas
  • Cooling System Central Air, Electric
  • Utilities Electricity Available, Water Available
  • Flooring Carpet, Tile, Vinyl
  • Laundry Features Individual
  • Sewer Septic Tank
Schools
  • Elementary School: Spring Hill Elementary
  • Middle School: Spring Hill Middle School
  • High School: Spring Hill High School
Additional Info
  • Water Source: Public
  • Building Size: 28,000 Sqft
  • Construction Materials: Vinyl Siding
  • Levels: One
  • Number Of Units Total: 30
  • Previous Price: $4,900,000
  • Stories: 1
Financial
  • Annual Tax Amount: $24,949
Listing Data
  • Co List Agent Full Name: LINDA M WALKER, Broker, CRS, GRI
  • Co List Office Name: Crye-Leike, Inc., REALTORS
  • Mls Status: Closed
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard, Owner Agent
  • Modification Timestamp: Jun 26th, 2024 @ 7:09pm
  • Status Change Timestamp: Jun 26th, 2024 @ 7:06pm

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