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Listed by Gary Ashton • The Ashton Real Estate Group of RE/MAX Advantage
$ 800,000
Est. payment /mo
New
470 Highway 70 Pegram, TN 37143
4,408 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,408 sqft
Price per Sqft $181
Subdivision Leaves Apartments
MLS Listing ID 2929772
HOA Y/N No
Year Built 1971
Annual Tax Amount $3,112
Lot Dimensions 155X278X146X305.16
Property Description
**Multiple Offers received.** Investor opportunity in the heart of Downtown Pegram, less than 30 minutes driving to downtown Nashville. Across from Pegram Park, this unique property includes two residential buildings, each with four units, situated on a spacious 1-acre lot. The unit mix includes five 2-bedroom units (554 sqft) and three 1-bedroom units (546 sqft), with two units featuring washer/dryer hookups. Each building operates on its own septic tank, while a shared water meter services both. All units have window AC units and baseboard heating (some of which need replacing). Electrical inspections were passed and stairs were lifted in 2024. With ample income potential and the possibility to build an additional structure on the lot, this property is ideal for investors looking to expand their portfolio. Don't miss this rare chance to own a multi-unit asset with growth opportunity just a few miles from Nashville. Up to 1% lender credit on the loan amount when buyer uses Seller's Preferred Lender. Property to be sold as-is.
Location
State TN
County Cheatham County
Zoning MUL
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Flooring Carpet, Wood, Vinyl
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Story 2
Sewer Septic Tank
Water Public
Structure Type Brick,Vinyl Siding
New Construction false
Schools
Elementary Schools Pegram Elementary Fine Arts Magnet School
Middle Schools Harpeth Middle School
High Schools Harpeth High School
Others
Special Listing Condition Standard
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