149 Proffitt St, Cookeville, TN 38501

Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
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149 Proffitt St,Cookeville, TN 38501
$990,000
  • - Beds
  • - Baths
  • 26,000 sq. ft.
  • Multi-family
  • Active
Listed by:drew lekowski
Office:mrg realty partners
MLS#:2616577
Source:NASHVILLE

Price summary

  • Price:$990,000
  • Price per sq. ft.:$38.08

About this home

MRG is pleased to present 149 Proffitt St. this beautiful, newly remodeled 6 unit apartment building complex right in the midst of booming downtown Cookeville, Tennessee near Tennessee Tech (just east of Nashville). Cookeville is growing faster per capita than Nashville with extremely high rental demand and growth that is not changing anytime soon. The investor will be able to make considerable rent increases with this investment. Take advantage of this perfect opportunity to scale your portfolio while you can! Units have been completely remodeled in 2023 with renovations including all new HVAC, new windows, plumbing, water line (took the copper out of water lines), cabinets, light fixtures, electrical, & much more. 4 bed 2 bath: 1 unit 2 bed 1.5 bath 5 units Average Rent: 1,179 Unique 4 bed unit Tenants pay ALL utilities (low expense ratio consistent with area) Opportunity to raise rent Please reach out to Drew Lekowski for financials

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Home facts

  • Year built:2023
  • Listing Id #:2616577
  • Added:555 day(s) ago
  • Updated:February 22, 2024 at 03:15 PM

Rooms and interior

  • Living area:26,000 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Baseboard

Structure and exterior

  • Year built:2023
  • Building area:26,000 sq. ft.

Schools

  • High school:Cookeville High School
  • Middle school:Monterey High School
  • Elementary school:Burks Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$990,000
  • Price per sq. ft.:$38.08
  • Tax amount:$4,553
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