541 S Royal St Jackson, TN 38301
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.
- Property TypeMulti-Family
- NeighborhoodJackson Southeast District
- CountyMadison
- Taxes$1,945
- HOA/Condo/Coop Fees$0
- Days on Site31 Days
- MLS StatusActive
- MLS ID Number2635800
- Home Size Source Assessor
- Year Built1920
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction BrickWood Siding
- Parking Asphalt
- Parking Spaces 8
- Sewer Public Sewer
- Number of Stories 21
- Water Public
- Property Sub Type Quadruplex
- Garage Spaces 0
- Attached Garage No
- Utilities Water Available
- Zoning Apartments
- Listing Conditions Standard
- Buyer Financing ConventionalSeller Financing
- Number Of Stories 2
- Parking Total 8
Interior Features
- Cooling Central Air
- Heating Central
- Flooring CarpetLaminate
- Laundry Features IndividualGas Dryer HookupWasher Hookup
- Fireplace No
Exterior Features
- Roof Shingle
- Waterfront Property No
- Construction Details BrickWood Siding