- Area 4,789 sq ft
- Bedrooms 5
- Bathrooms 2
- Stories: 2.00
Description
541 South Royal Street, a prime property for the first- time or savvy Multifamily investor looking to expand their portfolio. This 4, 789 SF building, encompassing 4 units, offers historic southern charm having been built in 1920, while boasting modern updates from a recent 2024 renovation to primarily the interiors. Located in the growing Jackson market, this property is currently at 50% occupancy, presenting an opportunity for an investor to set higher market rents with their own tenants. This Quadplex boasts an excellent unit mix of two ( 2) - 2 Bedroom / 1 Bath & two ( 2) - 3 Bedroom / 1 Bath units with Washer / Dryer hook- ups. Each unit is metered for electric and gas which contains their own individual water heater. Each unit is equipped with its own stove range, oven, and refrigerator. With its attractive blend of character and newer amenities, this property stands ready to captivate discerning investors seeking an enticing well priced multifamily opportunity.
Details
- MLS#: 2635800
- County: Madison County, TN
- Subd: Jackson Southeast District
- Stories: 2.00
- Full Baths: 2
- Bedrooms: 5
- Built: 1920 / RENOV
Utilities
- Water: Public
- Sewer: Public Sewer
- Cooling: Central Air
- Heating: Central
Public Schools
- Elementary: Isaac Lane Technology Magnet Elementary
- Middle/Junior: Jackson Career Technology Magnet Elementary
- High: South Side High School
Property Information
- Constr: Brick, Wood Siding
- Roof: Shingle
- Floors: Carpet, Laminate
- Garage: No
- Parking: 8 / Asphalt
- Sale Includes: Appliances
- Taxes: $1,945
- Laundry: Individual,Gas Dryer Hookup,Washer Hookup
Directions
Drive onto Royal from Hwy 70, property is on the right handside
Listing Agency
- PCG Commercial, Inc
- Agent: Adrian Del Rio
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