211 Madison St Shelbyville, TN ^$ 575,000

211 Madison St

^$ 575,000

Back to search

211 Madison St

Shelbyville, TN, 37160

^$ 575,000

Bedrooms5 Baths4.0 Sq 5,090

Monthly Estimate*

^$ 3,822

211 Madison St, Shelbyville, TN 37160 - Image 1

211 Madison St, Shelbyville, TN 37160 - Image 2

211 Madison St, Shelbyville, TN 37160 - Image 3

211 Madison St, Shelbyville, TN 37160 - Image 4

Multi-Family Home for sale in Shelbyville, TN

for $575,000 with 5 bedrooms and 4 full baths. This 5,090 square foot home was built in 1966.

Great investment! Cash- Flow property. Welcome to an exceptional opportunity in the world of commercial real estate! Presenting a income-producing property that's sure to catch your discerning eye. This remarkable listing boasts 10 fully occupied units, each consistently generating robust income streams. Nestled in a prime location brimming with heavy traffic exposure, this property commands unparalleled visibility and accessibility, setting the stage for unparalleled success. Perfectly positioned to captivate prospective tenants and optimize your rental income potential, this investment opportunity.

Multi-Family Pending

Price

^$ 575,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,712

Style

Multi Family

Year Built

1966

Town/City

Shelbyville

County/Region

Bedford

MLS | Web ID

2654147

Features

General

Sewer Public Sewer

Heating Electric

Cooling Wall/Window Unit(s)

Utilities Electricity Available Water Available

Possession Close Of Escrow

Roof Membrane

Zoning Commercial

Garage Spaces 0

Security Features Smoke Detector(s)

Construction Materials Brick Aluminum Siding

Year Built 1966

Stories 2

Levels One

Gross Income 90500

County Bedford County TN

Net Operating Income 54500

Operating Expense 36000

New Construction N

Property Type Residential Income

Attached Garage N

Contingency INSP

Subdivision Name Madison

Garage Y/N N

Status Under Contract - Not Showing

Buyer Financing Conventional Other

Directions Get on I-40 W from 8th Ave S and US-31 ALT S/US-70S E/Lafayette St/US Hwy 41 S Drive from I-24 E to Murfreesboro. Take exit 81A from I-24 E Follow US-231 S to Madison St in Shelbyville Merge onto US-

High School Shelbyville Central High School

City Shelbyville

View Y/N N

NumberOfUnitsTotal 10

Lot Size Units Acres

Waterfront Y/N N

Carport Y/N N

Street Name Madison St

Elementary School East Side Elementary

Property Attached Y/N Y

Year Built Details EXIST

Tax Annual Amount 3712

Middle/Junior High School Harris Middle School

Days on Market 14

Building Area Units Square Feet

Living Area Units Square Feet

Standard Status Pending

Total Actual Rent 3150

Interior

Flooring Laminate Other Tile Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 5090

Full Baths 0

Half Baths 0

Laundry Features None

Total Bedrooms 0

Below Grade Finished Area Unit Type Square Feet

Below Grade Finished Area Source Owner

Above Grade Finished Area Source Owner

Above Grade Finished Area Unit Type Square Feet

Total Baths 0

Exterior

Parking Features Concrete Paved Unassigned

Water Source Public

Total Parking 0

Inclusions APPLN NOFUR

Building Area Total 5090

Lot Dimensions 60X123

Covered Spaces 0

Internal Only

Street Number 1 211

* Excluded Features

List By

Century 21 Capital Properties

Broker

evaangelinahomes@gmail.com

Affordability Calculator

$4,131

Per Month

Monthly Principal & Interest: $3,822
Monthly Property Taxes: $309
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Shelbyville, TN

Average List Price ^$636,750

Percent of Sale Price 11%

About Shelbyville, TN

22,071 Population

33% Since 2002

^$37,521 Median Income

34.81 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4313562 Elementary School

4313267 Middle School

Shelbyville Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2024	$575,000		Listed Price

Map

More homes like this one

homes for you

See all

211 Madison St, Shelbyville, TN, 37160 is a Multi-Family Home for sale at $575,000 with 5,090 sqft. 211 Madison St has 5 bedrooms, 4.0 baths, and was built in 1966. The property's zip code is 37160 which is in Shelbyville, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of RealTracs Solutions. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/10/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

211 Madison St

Multi-Family Home for sale in Shelbyville, TN

Affordability Calculator

Map

More homes like this one

Get more info about this home