701 Cumberland Dr, Clarksville, TN 37040
- $675,000
- 6,180
- SqFt
- List Price
- $675,000
- Price Change
- ▼ $24,995 1776848811
- MLS#
- 3132629
- Days on Market
- 162
- Property Type
- Multifamily
- Sqft. of Residence
- 6,180
- County
- Montgomery County
- Status
- ACTIVE
Property Description
Almost all units have been renovated and the rent has been raised. Over $75,000 in annual operating gross income. Tenants either pay utilities separately or pay a monthly fee to cover any master meters. Tenants also pay a monthly laundry fee to use the laundry building. 10 total units across both buildings with the separate laundry building. There is potential to continue to raise the rents in place. One building has 6 units and the other has 4 units.All one bedroom one bathroom units with one studio apartment.
/t.realgeeks.media/resize/170x210/https://u.realgeeks.media/mtpknowsrealestate%252F896b6a39125a-reliant_realty_site_logo_square__1___1_.jpg){kind=logo}
Additional Information
- Construction Type
- Frame
- Cooling System
- Electric
- Elementary School
- Norman Smith Elementary
- Floor Types
- Laminate
- Heating System
- Electric
- High School
- Clarksville High
- Junior High School
- Richview Middle
- Laundry
- Share
- Living Area
- 6,180
- Number Of Stories
- 2
- Sewer System
- Public Sewer
- Subdivision
- Elder
- Tax Amount
- $2,326
- Water Source
- Public
- Year Built
- 1941
- Zoning
- R2
- Type
- Multifamily
Mortgage Calculator
Listing courtesy of Bradford Real Estate.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.