211 Madison Street

Shelbyville, TN 37160

$550,000
Last Sold Price
5
Beds
4
Baths
5,090 Sq. Ft.
$108 / Sq. Ft.
5,090
Sq. Ft.
$108
per Sq. Ft.

Description

Great investment! Cash- Flow property. Welcome to an exceptional opportunity in the world of commercial real estate! Presenting a income-producing property that's sure to catch your discerning eye. This remarkable listing boasts 10 fully occupied units, each consistently generating robust income streams. Nestled in a prime location brimming with heavy traffic exposure, this property commands unparalleled visibility and accessibility, setting the stage for unparalleled success. Perfectly positioned...Great investment! Cash- Flow property. Welcome to an exceptional opportunity in the world of commercial real estate! Presenting a income-producing property that's sure to catch your discerning eye. This remarkable listing boasts 10 fully occupied units, each consistently generating robust income streams. Nestled in a prime location brimming with heavy traffic exposure, this property commands unparalleled visibility and accessibility, setting the stage for unparalleled success. Perfectly positioned to captivate prospective tenants and optimize your rental income potential, this investment opportunity.
  1. Listed by Eva Angelina Romero • Century 21 Capital Properties • 6155388330

Property Details for 211 Madison Street

Subdivision Name
Madison
Waterfront
No
LISTING UPDATED: 08/17/2024 04:56 AM

Property Details for 211 Madison Street

StatusClosed
MLS #2654147
Days on Market18
Taxes$3,712 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1966
Lot Size-
CountyBedford County

Building Information for 211 Madison Street

Stories2Residences10Year Built1966Building Size-Lot Size-

Property Information for 211 Madison Street

Summary
Location and General Information
  • Directions: Get on I-40 W from 8th Ave S and US-31 ALT S/US-70S E/Lafayette St/US Hwy 41 S Drive from I-24 E to Murfreesboro. Take exit 81A from I-24 E Follow US-231 S to Madison St in Shelbyville Merge onto US-231
  • Elementary School: East Side Elementary
  • High School: Shelbyville Central High School
  • Levels: One
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Middle Or Junior School: Harris Middle School
  • Mlg Can View: Yes
  • Zoning: Commercial
Parking
  • Garage Spaces: .00
  • Parking Features: Concrete, Paved, Unassigned
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Owner
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Owner
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Owner
  • Building Area Units: Square Feet
  • Flooring: Laminate, Other, Tile, Vinyl
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 078O G 01100 000
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Brick, Aluminum Siding
  • Documents Count: 0
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Security Features: Smoke Detector(s)
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Electric
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: None
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Membrane
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Unit 1
  • Unit Type Actual Rent: $875.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $775.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $3,150

Property History for 211 Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 211 Madison Street

Taxable ValueLand$31,600Additions$65,960Total$97,560
Home Facts
Total Finished SqFt3,291 SqFtAbove Grade Finished SqFt3,291 SqFtStories2Lot Size7,380 SqFtStyleMulti-Family Res (5+ Units)Year Built1966Year Renovated1985CountyBEDFORDAPN002078O G 01100

Schools near 211 Madison Street

This home is within Bedford County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Learning Way Elementary School
PublicPK to 5

Harris Middle School
Public6 to 8

Central High School
Public9 to 12

Thomas Magnet
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Capital Properties, Eva Angelina Romero (818.335.6271)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 08/17/2024 04:56 AM