NOT LISTED FOR SALE

201 Sylvis St Dickson, TN 37055

-- Bed
-- Bath
6,402 Sq Ft
0.29 Acres

Last Sold April 05, 2023

Last sale price $800,000 $125 Per Sq Ft

2 Days on Market

Highlights

  • City View
  • Cooling Available
  • Carpet
  • No HOA
  • Central Heating

About This Home

As of April 2023

This is an excellent investment opportunity in Downtown Dickson. Midtown Apartments is all brick and concrete construction. 8 efficiency apartments downstairs & 4 two bedroom, one bath apartments upstairs. Utilities included downstairs. With minimal work, rents could bring in $120,000/year. Many tenants have lived here for 10-20+ years and have been good caretakers of the property. Owner does pay some utilities. Many units are currently MTM and rents can be raised immediately. This space could be great for 55+ living, transitional or sober living facility, or keep it as the apartment it is today. We have pest control scheduled for the first week of every month. Property Management is in place and can remain. Inspections may be scheduled after negotiated contract. *Do not disturb tenants.*

Last Agent to Sell the Property

Paul Bullington

Realty Executives Hometown Living License #311465 Listed on: 03/07/2023

Realty Executives Hometown Living

Last Buyer's Agent

Missy Chandler

Parker Peery Properties License #267253

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,297

Year Built

  • Built in 1972

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 85x150

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 6,402 Sq Ft Home
  • Property has 2 Levels
  • City Views
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • Centennial Elementary School
  • Dickson Middle School
  • Dickson County High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $1,500
  • The owner pays for water
  • Assessor Parcel Number 103M K 01700 000

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • Downtown Subdivision

Building Details

  • Operating Expense $19,109
  • Gross Income $96,000
  • Net Operating Income $76,891

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,297

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Above Grade Finished Sq Ft: 6402
  • Building Area Units: Square Feet
  • Living Area: 6402
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: None
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size Acres: 0.29
  • Lot Size: 85X150
  • Lot Size Units: Acres
  • Parcel #: 103M K 01700 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 96000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 76891
  • Number Of Units Total: 12
  • Annual Operating Expense: 19109
  • Total Actual Rent: 1500

Tax Info

  • Tax Annual Amount: 4297

MLS Schools

  • Elementary School: Centennial Elementary
  • High School: Dickson County High School
  • Middle Or Junior School: Dickson Middle School

Range of Values:

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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 Change Sq Ft Price
04/05/2023 04/05/23 Sold $800,000 -5.9% $125 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $850,000 -- $133 / 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: 2494619

Realtracs