267 Smithson Ln, Clarksville, TN 37040

Description

Four residences. One versatile opportunity. Priced Under appraised value. Don't miss out on the opportunity to own this turnkey Flint Ridge quadplex offering an appealing combination of established income, flexible ownership possibilities, and a convenient location near everyday amenities. This 4,612-square-foot property is comprised of four two-story, townhome-style residences, each offering 2 bedrooms and 2.5 bathrooms. Each unit features an open-concept main level with LVP flooring throughout the living areas and bathrooms, along with a kitchen equipped with a refrigerator, oven/range, microwave, and dishwasher. Washer/dryer hookups are also included. The upstairs bedrooms are carpeted and each includes a private en-suite bathroom and walk-in closet, offering a comfortable, well-designed layout for residents.

Current gross rental income is $4,648 per month ($55,776 annually) with all 4 units currently leased, delivering immediate rental income with potential for future rent-growth opportunities at lease renewal. An added financing opportunity may be available for VA buyers through an assumable VA mortgage with a 2.706% fixed interest rate. Loan assumption is subject to servicer approval, buyer qualification, and applicable VA entitlement requirements. Buyer will be responsible for the difference between the purchase price and assumed loan balance.

Seller is open to providing concessions toward buyer closing costs and/or an interest-rate buydown with an acceptable offer.