3068 W Jackson Street, Milan, TN 38358
Pending $352,000
No Baths
-- Beds
1,472 SqFt
0.18 Acres
- Rare investment opportunity in the heart of West Tennessee -a fully occupied, cash-flowing 5-property rental portfolio sold as one package and cannot be separated. This stabilized portfolio features long-term tenants (2-7 years), consistent payment history, and dependable income with no vacancies. The package produces $54,925 in annual rent, with only taxes ($2,500/year) and insurance ($3,000/year) as primary expenses yielding a strong $49,425 NOI and an impressive 14.05% cap rate at list price. All properties are single-family homes located within established neighborhoods, each with noted updates, functioning mechanical systems, and solid rental demand. Addresses include: 158 Cartmell St, 306 Cottonwood St., 1502 E Chester, 254 Linden, 3068 W Jackson St. A full income schedule, tax breakdown, and property notes are available upon request. This is an excellent fit for investors seeking immediate cash flow, minimal turnover risk, and scalable long-term growth. Portfolio must be purchased as a whole - no exceptions.
- Year Built: 1961
- Air: Ceiling Fan(s),Wall Unit(s),Window Unit(s)
- Heat: Natural Gas
- Water: Public
- Sewer: Public Sewer
MLS#: 2505679
See this home today.
Susan Bradberry, REALTOR®, GRI
Principal Broker, Paris
731-415-3321
I am always looking for ways in which we can better serve our clients, whether they are selling or buying. Selling or buying a property is a really big deal for people and I would never want us to los...
Experience this home with 1,472 sqft of living space.