542 Ashe Ave New Johnsonville, TN 37134
Welcome to your next lucrative investment venture in the heart of New Johnsonville! This 24-unit apartment complex offers you the perfect opportunity to grow your real estate portfolio and maximize your returns. With spacious two-bedroom, one-bath units and proximity to the area's largest employers, this is a promising value-add property with a built-in revenue potential. Select units have been tastefully updated with new vinyl floors, fresh paint, and modern appliances, providing an attractive incentive for prospective tenants and rent increases. With a combination of updated units and rent increases in progress, this property offers substantial income growth potential. Additionally, the location's strong demand for housing, thanks to the proximity to major employers, makes it an ideal investment for long-term financial security. The included property management company is well-versed in the intricacies of the complex, enabling a smooth transition for the new owner. Don't miss out!
- Property TypeMulti-Family
- NeighborhoodLakeside Manor Apartments
- CountyHumphreys
- Taxes$6,928
- HOA/Condo/Coop Fees$0
- Days on Site174 Days
- MLS StatusActive
- MLS ID Number2592966
- Home Size Source Assessor
- Year Built1969
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Parking AsphaltParking LotUnassigned
- Parking Spaces 0
- Sewer Septic Tank
- Number of Stories 21
- Water Public
- Security Smoke Detector(s)
- Property Sub Type Multi Family
- Garage Spaces 0
- Attached Garage No
- Utilities Electricity AvailableWater Available
- Zoning Commercial
- Listing Conditions Standard
- Buyer Financing ConventionalOther
- Number Of Stories 2
- Parking Total 0
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating BaseboardElectricOther
- Flooring LaminateVinyl
- Laundry Features None
- Fireplace No
Exterior Features
- Roof Shingle
- Waterfront Property No
- Construction Details Brick
Community Features
- Security Features Smoke Detector(s)