
Listed by Keller Williams Clarksville
$239,900
4494 Old Summerville Rd
Details
APN I 08 124
Property Type Multifamily
Sub Type Apartment Building, Duplex
Square Footage 2,505
Cap Rate 13.60%
Year Built 1979
Acreage 0.680
Parking Spaces 6 spaces
Parking Per SqFt 2.40
Multifamily | 13.60% CAP
Marketing description
Cash Flow Alert! Price reduced = 13.6% cap rate. Who's ready to add a strong performer to their portfolio? This well-maintained, income-producing duplex sits in a prime location and is already doing the work for you. Both units are leased with updated one-year leases in place-steady income from day one. One unit has been recently renovated with new flooring, fresh paint, an updated kitchen, and a mini-split HVAC, boosting both value and tenant appeal. The exterior has also been freshly painted, keeping maintenance low and curb appeal high. And here's where it gets interesting: The property includes a third septic tank, previously used for a mobile home opening the door for a potential third unit and even more upside. Plus, there's a peaceful green space behind the duplex, adding appeal for tenants. Strong cash flow. Immediate income. Built-in future potential. Opportunities like this don't last long. Reach out today for financials or to schedule a showing.
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Listed by Keller Williams Clarksville
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