For Sale
$1,695,000

118 Main St Springfield, TN 37172

Eight-Unit Property, High Occupancy, Updated

Overview

Added:
Feb 3
Days on market:
81
This exceptional investment opportunity presents a meticulously maintained eight-unit mixed-use property situated at 118 N Main Street in the heart of historic Springfield, Tennessee. The property encompasses a substantial 8,548 square feet on a 0.69-acre lot. The portfolio comprises six two-bedroom, one-and-a-half-bathroom townhomes and two two-bedroom, two-bathroom flats. Each unit is individually deeded, offering flexibility for future division or individual sales, should the owner desire. Recent upgrades include new flooring and paint throughout all units, ensuring a move-in ready condition for current tenants. Kitchen appliances are included in each unit. The property boasts a roof approximately eight years old, demonstrating responsible maintenance. The current high occupancy rate of 100% is further enhanced by long-term tenants who express a desire to remain. This property benefits from its prime location within a revitalizing area, with new developments and planned upgrades to nearby buildings promising continued growth and appreciation. This is a rare opportunity to acquire a well-maintained, high-performing multi-unit property in a desirable historic setting. The asking price is $1,695,000.

Property Details for 118 Main St

Property type
Mixed-use properties
Square Feet
8,548 SF
Year Built
1973
Lot Size (sq. ft)
30,056 SF

Location Insight

City
Springfield
County
Robertson County, TN
State
Tennessee
Latitude
36.51571
Longitude
-86.88374

FAQs

What type of property is this?
Mixed-use property - Eight-Unit Property, High Occupancy, Updated
Where is the mixed-use property located?
The property is located at 118 Main St Springfield, TN.
What is the asking price?
The asking price for this property is $1,695,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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118 Main St
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