125 N Fairgrounds St, Jackson, Tennessee 38301
TN, Jackson-
Expired Status
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398 Days Off Market Sorry Charlie 🙁
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Residential Income Property Type
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3769 Total Sqft $105/sqft
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1976 Year Built
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Mortgage Wizard 3000 Advanced Breakdown
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Presenting a solid investment opportunity to acquire 5 apartment units located at 125 North Fairgrounds Street in Jackson, TN. This multifamily property features a 3,769 SF, single-story building with 5 units, showcasing a desirable unit mix primarily consisting of 2B/1B layouts. Renovated in 2024, this asset offers standard amenities with washer/dryer hook-ups, metered electric, and individual water heaters. Situated in a strong rental market near the Regional Hospital and major employers, this property presents an attractive opportunity for a first-time investor or an investor that owns in the market seeking to expand their portfolio. With excellent potential for increased rents through efficient management and some additional improvements, this can result in a nice cash-flow opportunity. *Currently there’s one (1) down unit that is need of a complete renovation (Buyer’s to obtain their own contractor bids.) *Potential Owner-Financing depending on terms and conditions.
- Property Type: Residential Income
- Listing Type: For Sale
- MLS #: 2635723
- Price: $395,000
- Square Footage: 3,769 Sqft
- Year Built: 1976
- Office Name: PCG Commercial, Inc
- Agent Name: Adrian Del Rio
- Property Attached: Yes
- Roof: Shingle
- Listing Status: Expired
- Street Number: 125
- Street: N Fairgrounds St
- City Jackson
- State TN
- Zipcode 38301
- County Madison County, TN
- Subdivision Burkett Add
- Longitude: W89° 10' 15.5''
- Latitude: N35° 37' 1.5''
- Zoning: Apartments
- Directions: From Airways Blvd turn onto N Fairgrounds, the property is on the left handside.
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Heating System Wall Furnace
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Cooling System Wall/Window Unit(s)
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Parking Asphalt
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Utilities Water Available
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Flooring Laminate, Carpet
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Laundry Features Gas Dryer Hookup, Washer Hookup, Individual
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Sewer Public Sewer
- Elementary School: Arlington Elementary School
- Middle School: North Parkway Middle School
- High School: South Side High School
- Water Source: Public
- Building Size: 3,769 Sqft
- Construction Materials: Wood Siding, Vinyl Siding
- Levels: One
- Lot Size Dimensions: 63 X 200
- Number Of Units Total: 5
- On Market Date: March 27th, 2024
- Previous Price: $395,000
- Stories: 1
- Annual Tax Amount: $1,345
- Mls Status: Expired
- Originating System Name: RealTracs
- Special Listing Conditions: Standard
- Modification Timestamp: Jun 24th, 2024 @ 5:02am
- Status Change Timestamp: Jun 24th, 2024 @ 5:00am
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