202A E Palestine Ave, Madison, TN 37115
- Sqft
- 1,612
View property features, location on map, relevant school information and overview from seller's agent.
- 0
- 0
Overview
One of 5 duplex units creating 10 full units completely rented and always rented. This is investors dream with instant revenue stream. Currently posting a NOI over $133k per year and that will only increase. Some rents under market and 2 units increasing rent by $248 per month. All of this with super low expenses as all units on separate utility meters. All units are 2-bedroom 1 bath units and recently remodeled as well. Each unit features a wood burning fireplace and believe it or not, washer and dryer inside the unit as well. Great setup to properties as occupants have either a downstairs patio or second floor deck. Owner recently replaced roofs plus finished other repairs and updates for this sale. Less than 8 miles from downtown, 3 miles to Opry Mall and just seconds to new shopping district.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 2
- Square feet
- 1,612
- Lot size (acres)
- 0.18
- Year built
- 1983
Interior features
- Laundry
- Washer Hookup, Electric Dryer Hookup
Utilities
- Heating
- Baseboard
- Cooling
- Wall/window unit(s)
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount
- $3,522
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Realtracs MLS®#: 3173152 Last checked: …

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.