Address: 541 South Royal Street, Jackson, Tennessee, US
Created date: March 27, 2024
Date last updated: March 27, 2024
- Recently renovated building and units.
- Great unit mix with 2 & 3 Bedroom units.
- Spacious floor plans with washer / dryer hook-ups.
- Expanding market with a shortage of housing.
- Major Employment hub to large companies.
Property Description
TN Firm Lic.265971
Broker Lic.371574
Adrian Del Rio
(615)626-6426 Direct
[email protected]
99 E Main St., STE 200
Franklin, TN 37064
541 South Royal Street, a prime property for the first-time or savvy Multifamily investor looking to expand their portfolio. This 4,789 SF building, encompassing 4 units, offers historic southern charm having been built in 1920, while boasting modern updates from a recent 2024 renovation to primarily the interiors. Located in the growing Jackson market, this property is currently at 50% occupancy, presenting an opportunity for an investor to set higher market rents with their own tenants.
This Quadplex boasts an excellent unit mix of two (2) - 2 Bedroom / 1 Bath & two (2) - 3 Bedroom / 1 Bath units with Washer / Dryer hook-ups. Each unit is metered for electric and gas which contains their own individual water heater. Each unit is equipped with its own stove range, oven, and refrigerator.
With its attractive blend of character and newer amenities, this property stands ready to captivate discerning investors seeking an enticing well priced multifamily opportunity.
Renovations Include the following (Buyer to verify):
- New Roof
- New plumbing (Pex)
- Foundation work
- Interiors