$395,000
Active
31 Days Online
0 Beds0 Baths3,769 SQFT
Active

125 N Fairgrounds St Jackson, TN 38301

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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 TypeMulti-Family
  • NeighborhoodBurkett Add
  • CountyMadison
  • Taxes$1,345
  • HOA/Condo/Coop Fees$0
  • Days on Site30 Days
  • MLS StatusActive
  • MLS ID Number2635723
  • Home Size Source Assessor
  • Year Built1976
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Vinyl SidingWood Siding
  • Parking Asphalt
  • Parking Spaces 8
  • Sewer Public Sewer
  • Number of Stories 1
  • Water Public
  • Security Carbon Monoxide Detector(s)Fire Alarm
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Attached Garage No
  • Utilities Water Available
  • Zoning Apartments
  • Listing Conditions Standard
  • Buyer Financing ConventionalSeller Financing
  • Number Of Stories 1
  • Parking Total 8

Interior Features

  • Cooling Wall/ Window Unit(s)
  • Heating Wall Furnace
  • Flooring CarpetLaminate
  • Laundry Features IndividualGas Dryer HookupWasher Hookup
  • Fireplace No

Exterior Features

  • Roof Shingle
  • Waterfront Property No
  • Construction Details Vinyl SidingWood Siding

Community Features

  • Security Features Carbon Monoxide Detector(s)Fire Alarm

Schools

School District
Unknown
Elementary School
Arlington Elementary School
Middle School
North Parkway Middle School
High School
South Side High School

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Monthly Payment (Est.)

$2,139
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