208 College Street

Portland, TN 37148

$2,399,995
Price
8
Beds
4
Baths
3,640 Sq. Ft.
$659 / Sq. Ft.
3,640
Sq. Ft.
$659
per Sq. Ft.

Description

Add this 15 unit apartment complex to your investment portfolio. Located inside the city limits of Portland, TN. A walkable distance to shopping, restaurants and places of worship. This property measures 4 +/- acres, 769' of road frontage on 3 city streets, 4 buildings with 15 total units. The purchase includes a previously approved vacant area for a Quadruplex. Units are occupied! Please DO NOT DISTURB the tenants. Showings will be during the Inspection Period of the agreed Purchase & Sale Agreement....Add this 15 unit apartment complex to your investment portfolio. Located inside the city limits of Portland, TN. A walkable distance to shopping, restaurants and places of worship. This property measures 4 +/- acres, 769' of road frontage on 3 city streets, 4 buildings with 15 total units. The purchase includes a previously approved vacant area for a Quadruplex. Units are occupied! Please DO NOT DISTURB the tenants. Showings will be during the Inspection Period of the agreed Purchase & Sale Agreement. Pictures of a vacant unit is included in the media section. Owner pays water, pest control and lawn care. Monthly Rental Rates go into effect November 1, 2024
  1. Listed by APRIL WALLS • Exit Real Estate Solutions • 6159481229
  2. Listed by MIKE WALLS • Exit Real Estate Solutions

Property Details for 208 College Street

Subdivision Name
unknown
Waterfront
No
LISTING UPDATED: 11/11/2024 12:03 PM

Property Details for 208 College Street

StatusActive
MLS #2758277
Days on Market5
Taxes$7,924 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1994
Lot Size-
CountySumner County

Building Information for 208 College Street

Stories2Residences15Year Built1994Building Size-Lot Size-

Property Information for 208 College Street

Summary
Location and General Information
  • Directions: From Nashville: I-65 North, Exit #117, Right off the ramp on to Highway 52, Straight at the light, Left on to College Street, Property on the Right 208 College Street. From Gallatin: Hwy 109 North, Left at the light of College St, Property on the Left
  • Elementary School: Portland Gateview Elementary School
  • High School: Portland High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Portland West Middle School
  • Mlg Can View: Yes
  • Zoning: Commercial
Parking
  • Garage Spaces: .00
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Carpet, Other
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 033H C 00600 000
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Vinyl Siding
  • Documents Count: 0
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: Individual
Exterior Features
  • Attached Garage: No
  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 15
Unit 1
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $1,115.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $3,965

Property History for 208 College 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 208 College Street

Taxable ValueLand$25,560Additions$206,680Total$232,240
Tax Record2023$7,924 ($660 / month)
Home Facts
Total Finished SqFt3,640 SqFtAbove Grade Finished SqFt3,640 SqFtStories2Lot Size14,875 SqFtStyleMulti-Family Res (5+ Units)Year Built1994CountySUMNERAPN083033H C 00600

Schools near 208 College Street

This home is within Sumner County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Portland Gateview Elementary School
PublicPK to 5

Portland West Middle School
Public6 to 8

Portland High School
Public9 to 12

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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208 College Street is a multi-family home for sale in Portland, TN 37148. This property was listed for sale on November 10, 2024 by Exit Real Estate Solutions, it's currently listed at $2,399,995. It has been on the market for a total of 5 days and was last sold on June 20, 2017. This listing's school district is Sumner County School District. Nearby schools include Portland Gateview Elementary School, Portland West Middle School and Portland High School. 208 College Street is a 8-bed, 4-bath, 3,640 sqft multi-family home built in 1994.

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 Exit Real Estate Solutions, APRIL WALLS (615.948.1229); Exit Real Estate Solutions, MIKE WALLS (615.948.1255)

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: 11/11/2024 12:03 PM