208 College St, Portland, Tennessee 37148

TN, Portland
$2,399,995
  • Active Status
  • 82 Dayz On Cribz Total Days
  • Residential Income Property Type
  • 3640 Total Sqft $659/sqft
  • 1994 Year Built
Property Description

Add this 15 unit apartment complex to your investment portfolio. Located inside the city limits of Portland, TN. A walkable distance to shopping, restaurants and places of worship. This property measures 4 +/- acres, 769′ of road frontage on 3 city streets, 4 buildings with 15 total units. The purchase includes a previously approved vacant area for a Quadruplex. Units are occupied!! Please DO NOT DISTURB the tenants. Showings will be during the Inspection Period of the agreed Purchase & Sale Agreement. Pictures of a vacant unit is included in the media section. Owner pays water, pest control and lawn care. Monthly Rental Rates go into effect November 1, 2024

Property Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • MLS #: 2758277
  • Price: $2,399,995
  • Square Footage: 3,640 Sqft
  • Year Built: 1994
  • Office Name: Exit Real Estate Solutions
  • Agent Name: APRIL WALLS
  • Property Attached: Yes
  • Listing Status: Active
Location Info
  • Street Number: 208
  • Street: College St
  • City Portland
  • State TN
  • Zipcode 37148
  • County Sumner County, TN
  • Subdivision unknown
  • Longitude: W87° 28' 46.1''
  • Latitude: N36° 34' 57.7''
  • Zoning: Commercial
  • Directions: From Nashville: I-65 North, Exit #117, Right off the ramp on to Highway 52, Straight at the light, Left on to College Street, Property on the Right 208 College Street. From Gallatin: Hwy 109 North, Left at the light of College St, Property on the Left
Features
  • Heating System Central
  • Cooling System Electric
  • Utilities Electricity Available, Water Available
  • Flooring Carpet, Other
  • Laundry Features Individual
  • Sewer Public Sewer
Schools
  • Elementary School: Portland Gateview Elementary School
  • Middle School: Portland West Middle School
  • High School: Portland High School
Additional Info
  • Water Source: Public
  • Building Size: 3,640
  • Construction Materials: Vinyl Siding
  • Levels: One
  • Number Of Units Total: 15
  • On Market Date: November 10th, 2024
  • Previous Price: $2,399,995
  • Stories: 2
Financial
  • Annual Tax Amount: $7,924
Listing Data
  • Co List Agent Full Name: MIKE WALLS
  • Co List Office Name: Exit Real Estate Solutions
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Nov 11th, 2024 @ 6:03pm
  • Status Change Timestamp: Nov 11th, 2024 @ 3:41am
mls grid

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