1514 Richmond Rd, Columbia TN, 38401

Pending

Under Contract - Not S...

1514 Richmond Rd

Columbia TN, 38401

$5,999,900

$214.28 per sqft

Pending

Under Contract - Not S...

28,000 sqft

Residential

Built in 1990

Investment deal presents solid cap rate with growing market need. 15 duplexes (30 units) 100% occupied within 5 minutes of GM plant and new Ultium Cell Plant. 5 minutes to Target in Spring Hill, 10 minutes to downtown Columbia, 45 minutes to Nashville. Spring Hill High School within walking distance. Strong investment with definite value add opportunity. In 2023/2024 five new roofs installed, three new sets of windows installed. 22/23 four new HVAC installed. Each unit has their own washer/dryer connections, range, dishwasher, deck, private entry, and separate meters. Tenants pay for their own utilities, lawn maintenance, and provide their own refrigerator, washer and dryer. Spacious parking with private driveway to each unit. Each duplex on septic system. Excellent location with easy access to Saturn Parkway & I-65, shopping, restaurants, and schools. ***DO NOT DISTURB TENANTS*** Direct all questions to listing agents.

2592261

MLSⓇ ID

November 10, 2023

Listed

November 8, 2024

Updated

Map

1514 Richmond Rd
Columbia TN, 38401

Interior Features

Total Stories: 1
Laundry Description: Individual
Floor Description: Carpet, Tile, Vinyl
Fireplace: No
Cooling: Yes
Cooling Description: Central Air, Electric
Heating: Yes
Heating Description: Central, Natural Gas

Exterior/Building Features

Roof: Asphalt
Sewer: Septic Tank

School Information

High School: Spring Hill High School
Elementary School: Spring Hill Elementary

Other Property Details

Taxes: $24,949
Tax Frequency: Annually
Days on Market: 133
Garage: No
Parking Total: 0
View: No
County: Maury County, TN
Water Source: Public
Pool: No
Zoning: Rural Resi

Listed by LINDA M WALKER, Broker, CRS, GRI, Crye-Leike, Inc., REALTORS

Based on information submitted to the MLS GRID by Middle Tennessee Regional Multiple Listing Service as of 11/8/2024, 3:41 PM UTC. All data is obtained from various sources and may not have been verified by the 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.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.