Clarksville, TN 37043,2314 Old Ashland City Rd
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Clarksville, TN 37043,2314 Old Ashland City Rd
Clarksville, TN 37043,2314 Old Ashland City Rd
Clarksville, TN 37043,2314 Old Ashland City Rd
Clarksville, TN 37043,2314 Old Ashland City Rd
Listed by Joey Williamson • Keller Williams Realty

$500,000

Est. payment /mo

$550,000

9.1%
Est.Price: ?

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2314 Old Ashland City Rd Clarksville, TN 37043

2,440 SqFt

SOLD DATE : 04/24/2025

Key Details

Sold Price $500,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,440 sqft

Price per Sqft $204

MLS Listing ID 2768121

Sold Date 04/24/25

HOA Y/N No

Year Built 1940

Annual Tax Amount $1,828

Lot Dimensions .53

Property Description

Welcome to the healthiest multi-family investment you have scrolled upon this year, $60,000 in gross revenue in 2023! On track for $40K this year and that is with vacancies for repairs and remodels. The top two units (1 & 2) are successful AirBnB's and the bottom two (3 & 4) are Long Term Rental properties that are leading the way in local value with location and amenities. With 86.2% occupancy rate for Unit 1 and 97.6% for Unit 2; this property has a strong track record for competitiveness in the area. Unit 3 & 4 are actively being marketed for rent and with brand new flooring, paint, and is 100% turnkey. The land is already zoned for R-2 and with .25 acre of bare land and plenty of road frontage: this land is ready to divide and build to the rear! Did we mention that it has an Assumable (VA) 2.75% interest rate?! Call and ask for the proforma and details of the rate! Say hello to your first/best investment of 2025.

Location

State TN

County Montgomery County

Zoning R-2

Interior

Heating Other

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Roof Type Asphalt

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Schools

Elementary Schools Barksdale Elementary

Middle Schools Richview Middle

High Schools Clarksville High

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RealTracs IDX
agent

Natalie Downs

Team Leader, Area Leader, Realtor | License ID: 344423

+1(615) 336-5053

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