322 Lanier Dr, Madison, TN 37115

8 Bedrooms / 4 Baths / Multiple Family

Property Status: Available (Wholesale) |  For Sale: $650,000.00


Property Photos


Turn-Key Cashflowing Quadplex Assignment in Davidson!


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $650,000.00
Property Details:
8 Bedrooms / 4 Baths / Multiple Family
Property Style:
Four-Plex
Year Built:
1984
Finished Sq Ft:
3,224
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
Property Description:

*Assignable Contract*

322 & 326 Lanier Dr, Madison, TN 37115

(4) 2/1 units $4,500+ Monthly Cashflow Potential  Asking $650k OBO

 

Details & Condition:

*8 BR, 4BA, 3224 sf (2 zero lot line duplexes)

*Built 1983

*Lot size – .46 acres, zoned RS10

*2 units are under leases, and 2 units have expired leases but have continued paying month-to-month. Rent is below market and brings in $3,900/month.

*Exterior: Roof in good condition (replaced 2013). New siding and balcony decks in 2020. No known foundation issues.

*Interior: 2 upper units renovated in 2020. 2 lower units have long-term tenants and have not been renovated, but regularly maintained.

 

Do not disturb tenants! A showing will be scheduled for serious buyers with proof of funds. Realtors, please arrange for commission to be paid by your buyer or add your commission to assignment price. Buyer to verify all information and perform own due diligence. Quick close preferred.

 



Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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