26 Rossfield CvJackson, TN 38305

Property Details for 26 Rossfield Cv

Property size (Sq ft)

9,100 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This charming two-unit apartment building in Jackson, Tennessee presents a compelling investment opportunity. Located conveniently near Interstate 40, this Class B property boasts a total of 9,100 square feet and features two 2-bedroom, 1-bathroom units. Both units are currently leased, providing immediate cash flow for the new owner. One unit has a tenant with nearly a year's lease, while the other boasts a long-term tenant of over five years, ensuring consistent rental income. The property's strategic location offers easy access to major transportation routes, making it attractive to a wide range of tenants. The asking price is $175,000, representing a 7.50% capitalization rate. This multifamily property is situated in a peaceful residential neighborhood, offering a blend of convenience, comfort, and strong financial potential. The property's solid occupancy rate and desirable location make it an ideal addition to any investment portfolio, providing both immediate return and long-term growth prospects. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving Tennessee market. The property is located at 26 Rossfield Cove, Jackson, TN 38305.

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.6648

Longitude

-88.8376

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