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$2,200,000
200 Watson Rd, Springfield, TN 37172
0 Beds
0 Baths
11,904 SqFt

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Great property back on the market! Great investment opportunity in the heart of Springfield! 3 quadplexes, 12 total units, in an ideal location. Each quad is on a separate parcel but are being sold together. The additional addresses are 202 and 204 Watson Road. Per tax records, the three parcels combined contain over 2 acres of prime real estate. Properties adjoin to Wal-Mart and are also in close proximity to the YMCA, medical center and restaurants. Each unit consists of 2 BR, 1.5 baths. All units are currently leased. Properties have been well maintained with periodic interior and exterior updates. New roofs. Roofs on all units were replaced in June. Being sold As Is. Investment opportunities like this do not come along often. Perfect location and potential!
  • Price:
  • $2,200,000
  • Square Footage:
  • 11,904
  • Year Built:
  • 1986
  • Listing ID #:
  • RTC2409129
  • Street Address:
  • 200 Watson Rd
  • City:
  • Springfield
  • State:
  • Tennessee
  • Postal Code:
  • 37172
  • County:
  • Robertson
  • Subdivision:
  • Hire Hills
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
2
out of 5

Crestview Elementary School
Public
School Grade Level K-5
School Students 820 students
School Teachers 18 student/
teacher
2
out of 5

Springfield Middle School
Public
School Grade Level 6-8
School Students 750 students
School Teachers 14 student/
teacher
2
out of 5

Springfield High School
Public
School Grade Level 9-12
School Students 1248 students
School Teachers 14 student/
teacher
  • Approximate Total Liveable Area:
  • 11904
  • Construction Type:
  • Brick, Vinyl Siding
  • Finished Above Ground Square Footage:
  • 11904
  • Flooring:
  • Carpet, Laminate, Vinyl
  • Number Of Units:
  • 12
  • Square Footage Source:
  • Assessor
  • Stories:
  • 2
  • Stories:
  • Two
  • Total Building Square Footage:
  • 11904
  • Type Of Roof:
  • Shingle
  • Year Built:
  • 1986
  • Year Built Description:
  • Exist
  • Gross Income:
  • 114000
  • Net Operating Income:
  • 109200
  • Operating Expense:
  • 4800
  • Conforms To Zoning:
  • Commercial
  • Days On Market:
  • 147
  • Financing Options:
  • Conventional, Fha, Other
  • On Market Date:
  • 2022-07-13
  • Originating Mls:
  • Realtrac
  • Previous Listing Price:
  • 2200000
  • Property Taxes:
  • $9,106
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Central
  • Laundry:
  • Individual
  • Sewage Type:
  • Public Sewer
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$

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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Realty One Group Music City
  • NASHVL

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