151 Covington Ln Dickson, TN 37055
PRICED AT call for price
Listing Details
- call for price
- MLS# 3008963
- Type Multi Unit - Multiple
- Status Active
- 5,491 Square Feet
- 5.1 Lot Size
- 1983 Year Built
Description
STABILIZED MIXED-USE | COMMERCIAL ZONING | CASH FLOWINGCurrently generating ~$7,900/month gross income with 5 of 6 income streams occupied.Income breakdown: 4 renovated 2BR / 1.5BA apartments at $1,600 each ($6,400 total) 2,700 sq ft warehouse/commercial space leased at $1,500 Separate garage/storage unit vacant with ~$389 monthly potentialAt full occupancy gross reaches ~$8,289/month, exceeding the 1% rule at the current $789,900 price and supporting strong 8-10%+ cap rates.Tenants pay all utilities (individually metered)Situated on 5.1 acres with commercial zoning and no HOA, the property offers a rare mixed-use combination of residential...read more
Features
- Central Air
- Carpet
- Laminate
- Central
- 1.0 Story
- $3,349 Taxes
- Private
- Built in 1983
Gallery
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