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470 Highway 70
470 Highway 70
470 Highway 70
470 Highway 70
470 Highway 70
470 Highway 70
470 Highway 70
470 Highway 70
470 Highway 70
470 Highway 70
470 Highway 70
470 Highway 70
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Sold

470 Highway 70

470 Highway 70, Pegram, TN 37143

$810,000
$810,000

470 Highway 70

4,408 Sq.Ft.

Description

**Multiple Offers received.** Investor opportunity in the heart of Downtown Pegram, less than 30 minutes driving to downtown Nashville. Across from Pegram Park, this unique property includes two residential buildings, each with four units, situated on a spacious 1-acre lot. The unit mix includes five 2-bedroom units (554 sqft) and three 1-bedroom units (546 sqft), with two units featuring washer/dryer hookups. Each building operates on its own septic tank, while a shared water meter services both. All units have window AC units and baseboard heating (some of which need replacing). Electrical inspections were passed and stairs were lifted in 2024. With ample income potential and the possibility to build an additional structure on the lot, this property is ideal for investors looking to expand their portfolio. Don't miss this rare chance to own a multi-unit asset with growth opportunity just a few miles from Nashville. Up to 1% lender credit on the loan amount when buyer uses Seller's Preferred Lender. Property to be sold as-is.

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Location

470 Highway 70, Pegram, TN 37143

Status

Sold
Gary Ashton

Gary Ashton

Features &

Interior

  • total bedrooms0
  • Laundry room None
  • Flooring Carpet, Wood, Vinyl

Area & Lot

  • Status Sold
  • Living Area4,408 Sq.Ft.
  • Total Area4,408 Sq.Ft.
  • MLS® ID2929772
  • TypeResidential
  • YEAR BUILT1971
  • Elementary SchoolPegram Elementary Fine Arts Magnet School
  • Middle SchoolHarpeth Middle School
  • High SchoolHarpeth High School

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesWater Available
  • parkingGravel
  • HEAT TYPEBaseboard
  • AIR CONDITIONINGWall/Window Unit(s)
  • sewerSeptic Tank

Financial

  • Sales Price$810,000
  • Real Estate Tax $3,112/yr
  • Zoning MUL
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