🤩 Looking To Add To Your Portfolio? Check Out This 5 Unit Rental Package! 🏘️

These 5 properties are an excellent investment opportunity with home prices below the national average and low property taxes. Located in Milan, a growing economic hub, they benefit from rising demand for affordable housing and strong potential for property appreciation. Limited rental competition adds to their long-term value, making it a smart choice for any investor. 

ASKING PRICE: $225K

Perfect For:

🛠️Buy & Hold🏡

(Purchase Price) $225K [$45K each]  + (Rehab) $250K [$50K each] = (Total Investment) $475K 

(Monthly Rents) $1000  x  5 Units =  $5000 

RENTAL COMPS:

4020 Hawthorne Ave, Milan, TN 38358 -RENT $1,000

304 Medina Hwy, Milan, TN 38358 - Rent $1500

SOLD COMPS:

4001 Ennis St, Milan, TN 38358 -SOLD $35K

1044 W Woodrow St, Milan, TN 38358 -SOLD $47K

2001 W Main St, Milan, TN 38358 -SOLD $110K

Properties Included: *CLICK ADDRESS TO SEE PHOTOS*

2051 Wahl St. Milan, TN 38358:

• 3 Bed/ 1 Bath built in 1949
• 996 Sqft. on 0.24 Acres

2064 Wahl St. Milan, TN 38358: 

• 3 Bed/ 1 Bath built in 1941 
• 1300 Sqft. on 0.27 Acres

2058 Wahl St. Milan, TN 38358:

• 3 Bed/ 1 Bath built in 1950
• 1092 Sqft. on 0.22 Acres

1013 Stewart St Milan TN 38358:

• 2 Bed/ 1 Bath built in 1954
• 857 Sqft. on 0.22 Acres

1042 Horton St. Milan, TN 38358:

• 2 Bed/ 1 Bath built in 1944
• 660 Sqft. on 0.12 Acres

Property Details:

🧱Foundation: Mix of Piers & Continuous Footing

🏠Roof: 3 Years Old

💨HVAC: Mix of Central & Window Units

💡Electrical: Fuses

🌊Utilities: City Water & Sewer

Additional Insights:

🚧 Attention Required: Full Rehab on all homes

*PLEASE CALL TO SCHEDULE SHOWINGS*

919-646-9714

TENTATIVE CLOSE DATE: ON OR BEFORE 12/31/2024