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$ 5,000,000
Est. payment /mo
Active
28U DRAKE ST Ripley, TN 38063
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Townhouse Units
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 10220264
Year Built 1979
Annual Tax Amount $41,970
Property Sub-Type Townhouse Units
Property Description
Huge investment portfolio consisting of 61 rentable units in Ripley: 36 townhomes consisting of 2 bedrooms & 1.5 baths. 16 apartments consisting of 2 bedrooms, 1 bath each. 9 single family houses consisting of 3 bedrooms & 2 baths. All have termite contracts in place and monthly maintenance sprays. Townhomes have newer roofs & HVAC units @ 2 years old. All are well maintained by owner. There are 5 townhomes on the rear of the Jefferson St property that are vacant and in need of full renovations, no value is attributed to these units. More information available for serious, qualified or cash investors.
Location
State TN
County Lauderdale
Area Lauderdale County
Interior
Heating Central, Electrical
Cooling Central
Flooring 8 Feet, Dry Wall, Paneled, Partial Carpet, Tile, Wood Laminate Floors
Equipment Refrigerator, Range/Oven (Freestanding), Exhaust Fan/Vent Hood, Smoke Detector(s)
Laundry Connections
Exterior
Parking Features Asphalt/Blacktop, Concrete, More Than 1 Per Unit
Roof Type Composition
Building
Foundation Conventional/Crawl Space, Slab, Storage Area
Water Electrical, Public Sewer, Public Water
Others
Miscellaneous Curbs/Gutters,Sidewalks,Fire Escape
Listed by Pamela H Worley • Unique Properties






