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Listed by Cierra Perkins • William Wilson Homes
$ 379,000
Est. payment /mo
Active Under Contract
860 Greenwood Ave Clarksville, TN 37040
4,700 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,700 sqft
Price per Sqft $80
MLS Listing ID 2868085
HOA Y/N No
Year Built 1945
Annual Tax Amount $3,315
Lot Dimensions .8
Property Description
An exceptional investment opportunity for developers and experienced investors! Presenting this AS IS multi-family property located at 852-860 Greenwood Ave, offering a total of five doors across two duplexes and a residential home.Offering substantial rental income potential in a desirable zone R-4 on a .8 of an acre lot! Five units: 852 Greenwood Ave: Duplex (~1,300 sq ft) with 3 beds and 2 baths. 854 Greenwood Ave: 850 sq ft, 2 beds and 1 bath. 856 Greenwood Ave: Residential home (~850 sq ft) with 2 beds and 1 bath. 858 Greenwood Ave: 850 sq ft, 2 beds and 1 bath. 860 Greenwood Ave: 850 sq ft, 2 beds and 1 bath. Large lot size at approximately 0.8 acres provides ample space for development. Potential to develop up to 8 units (or more) if rezoned, maximizing land usage and rental income. Prime location with strong growth and development prospects. This property is sold AS IS, offering a blank canvas for value-added improvements or a significant development project. With zoning flexibility and expansive land, this is a rare chance to create a multi-family community with substantial returns. Don't miss out—reach out today for more details or to arrange a viewing!
Location
State TN
County Montgomery County
Zoning R-4
Interior
Heating Central
Cooling Central Air, Electric
Flooring Wood
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Asphalt
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
Elementary Schools Norman Smith Elementary
Middle Schools Rossview Middle
High Schools Rossview High
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