NOT LISTED FOR SALE

109 Mason St Portland, TN 37148

-- Bed
-- Bath
4,760 Sq Ft
2001 Built

Last Sold February 23, 2022

Last sale price $580,000 $122 Per Sq Ft

68 Days on Market

About This Home

As of February 2022

Rare Investment Opportunity! Well-maintained Quad with increasing rents! Close to I-65 (ONLY 1.6 MILES FROM 65!) AND HWY 109 (3.6 miles away). Great floorplans (2 story units) have plenty of space with Oversized Bedrooms. Plenty of Parking, NEW Roof, New Gutters and 2 units have new hvac units! Renovations have been made to 2 of the 4 units (B&D). Rent Roll attached. Utilities available upon request - owner pays water/sewer and lawn care - electric paid by tenant.

Last Agent to Sell the Property

Brittnay McGiboney

Compass License #327287 Listed on: 10/27/2021

Compass

Last Buyer's Agent

Bernie Gallerani

Bernie Gallerani Real Estate License # 295782

Property Details

Home Type

Multi-Family

Year Built

2001

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • PropertyUnitTypes: {"UnitTypeActualRent":800,"UnitTypeType":"Unit 1","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2632961Group_1"}, {"UnitTypeActualRent":950,"UnitTypeType":"Unit 2","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2632961Group_2"}, {"UnitTypeActualRent":775,"UnitTypeType":"Unit 3","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2632961Group_3"}, {"UnitTypeActualRent":950,"UnitTypeType":"Unit 4","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2632961Group_4"}
  • Above Grade Finished Sq Ft: 4760
  • Carport Y N: No
  • Directions: From Nashville, Take I-65 N to exit 117 and turn Right onto HWY 52 E. In 1 mile, turn Left onto College St., then Left on Scattersville Rd. then Right onto Mason St. 109 Mason St is on the Left.
  • Garage Yn: No
  • Inclusions: APPLN
  • Lot Size: .52
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Subdivision Name: Evergreen
  • Year Built Details: EXIST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Owner Pays: Water

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Open Parking Spaces: 9
  • Total Parking Spaces: 9

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Portland West Middle School

Lot Info

  • Zoning: Commercial

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Annual Gross Income: 41700
  • Property Net Operating Income: 37112
  • Number Of Units Total: 4
  • Annual Operating Expense: 4588
  • Total Actual Rent: 3475

Tax Info

  • Tax Annual Amount: 3079

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $580,000 -3.3% $122 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
01/04/2022 01/04/22 For Sale -- -- --
11/11/2021 11/11/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $599,900 -- $126 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2303890

Realtracs