125 N Fairgrounds St, Jackson (38301)
$395,000
0 
0
3,769
PROPERTY DETAILS
| Address: |
view address Jackson, TN 38301 Map Location |
Features: | Multi-level |
|---|---|---|---|
| Square Feet: | 3,769 sq.ft. | Year Built: | 1976 |
| Property Type: | Multi Family | Neighborhood: | Burkett Add |
| County: | Madison | List Date: | 2024-03-26 |
| Listing Number: | 2635723 | Listing Office: | 9163030133 |
PROPERTY DESCRIPTION
Presenting a solid investment opportunity to acquire 5 apartment units located at 125 North Fairgrounds Street in Jackson, TN. This multifamily property features a 3,769 SF, single-story building with 5 units, showcasing a desirable unit mix primarily consisting of 2B/1B layouts. Renovated in 2024, this asset offers standard amenities with washer/dryer hook-ups, metered electric, and individual water heaters. Situated in a strong rental market near the Regional Hospital and major employers, this property presents an attractive opportunity for a first-time investor or an investor that owns in the market seeking to expand their portfolio. With excellent potential for increased rents through efficient management and some additional improvements, this can result in a nice cash-flow opportunity. *Currently there's one (1) down unit that is need of a complete renovation (Buyer's to obtain their own contractor bids.) *Potential Owner-Financing depending on terms and conditions.
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Interior
Features
| Flooring: | Carpet, Laminate | Laundry Features: | Gas Dryer Hookup, Washer Hookup |
| Laundry: | Yes |
Cooling & Heating
| Cooling features: | Wall/Window Unit(s), Window Unit(s) | Heating features: | Wall Furnace |
| Heating: | Yes |
Exterior
Exterior and Lot
| Construction Materials: | Vinyl Siding, Wood Siding | Roof: | Shingle |
Parking
| Parking features: | Asphalt |
Property and Lot Details
Features
| Security Features: | Carbon Monoxide Detector(s), Fire Alarm |
Other
| Sewer: | Public Sewer |
Schools
| Elementary School: | Arlington Elementary School | Middle or Junior School: | North Parkway Middle School |
| High School: | South Side High School |
Fee
| Special Listing Conditions: | Standard | Annual Tax: | 1345 |
Building Information
| Year Built: | 1976 | Levels: | One |
| Stories: | 1 |
Construction
| Building Area total: | 3769.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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