$800,000

470 Highway 70, Pegram, TN 37143

  • 4,408 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $181/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Investor opportunity in the heart of Downtown Pegram, less than 30 minutes driving to downtown Nashville. Across from Pegram Park, this unique property includes two residential buildings, each with four units, situated on a spacious 1-acre lot. The unit mix includes five 2-bedroom units (554 sqft) and three 1-bedroom units (546 sqft), with two units featuring washer/dryer hookups. Each building operates on its own septic tank, while a shared water meter services both. All units have window AC units and baseboard heating (some of which need replacing). Electrical inspections were passed and stairs were lifted in 2024. With ample income potential and the possibility to build an additional structure on the lot, this property is ideal for investors looking to expand their portfolio. Don't miss this rare chance to own a multi-unit asset with growth opportunity just a few miles from Nashville. Up to 1% lender credit on the loan amount when buyer uses Seller's Preferred Lender. Property to be sold as-is.

Listing Status:
Active
Listing Office:
The Ashton Real Estate Group of RE/MAX Advantage : 6153011631
Listing Agent:
Gary Ashton : 6153011650
MLS ID:
2929772
  • Laundry: None
  • Flooring: CarpetWoodVinyl
  • A/C: Wall/Window Unit(s)
  • Heating: Baseboard

This listing courtesy of Gary Ashton, The Ashton Real Estate Group of RE/MAX Advantage

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Peagram Elementary Fine Arts Magnet School

4552 Dogwood Ln, Pegram, TN, 37143

Grades PK-4

0.26 miles away

H

Harpeth Middle School

170 Harpeth View Trl, Kingston Springs, TN, 37082

Grades 5-8

2.55 miles away

H

Harpeth High School

170 W Kingston Springs Rd, Kingston Springs, TN, 37082

Grades 9-12

2.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.