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316 Archwood Dr, Madison, TN 37115

Beds
6
Baths
4
Sqft
2,450

View property features, location on map, relevant school information and overview from seller's agent.

Listed byReal Property Management Key Response
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Overview

Great duplex in Madison with an excellent cap rate for today's market. Brought in $3200 per month combined rent when both units were last occupied. Unit A: Ready to move in but could use some attention and freshening up/ updates. Hardwood floors through the front half of the home. Fresh paint. HVAC unit replaced in 2023 and under warranty. Unit B: Currently occupied with a long term good paying tenant. This unit was updated with a recent renovation and is in great shape. LVP floors. Both sides feature decks facing the backyard. Very large lot with great future development potential. 2 level storage shed included with sale. Could be an income producing investment or live in one side and rent the other.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
6
Number of bathrooms
4
Square feet
2,450
Lot size (acres)
0.97
Year built
1954

Interior features

Basement
Yes

Utilities

Heating
Central, Electric, Heat pump
Cooling
Central air, Ceiling fan(s), Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount
$5,767

Public schools

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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®#: 2789486 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.