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506 E Ellis St, Jefferson City, 37760

Priced At: $4,900,000

Property Details for ID: 1288106

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SqFt: 40,852
Price SqFt: $120
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-01-28T20:29:49Z

Public Remarks: Presenting Maplecrest Square Apartments. These 34 units are 100% occupied and centrally located in Jefferson City, Tennessee. Sixteen units are 2 bed / 1.5 bath and eighteen are 2 bed / 2.5 bath townhouse style units. The property has historically been fully occupied and there is ability to further increase rents. Significant capital expenditures totaling $492,000 have been made with 23 of the 34 units being recently renovated. All roofs were replaced in 2018 and 2021. The townhomes are individually metered for electric and water / sewer with tenants paying all utilities. The flat style units are individually metered for electric with water / sewer on one meter. The water / sewer bills for the flat style units are billed back to the tenants. There are washer / dryer hookups in each unit. Additionally, there is a bark park and picnic area on site.

Schools Information

Elementary School: Jefferson
Middle / Junior School: Jefferson
High School: Jefferson County

Building Description

Year Built: 1981
SqFt (Total): 40,852
Sub-Type: Apartment
Sale Includes: Building and Land
Unit Type(s): 2 Bedroom Unit

  Exterior Features

Construction: Frame, Frame - Brick

  Appliances

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate, Vinyl
Other Rooms: Other

  Property Details

Utilities

Fuel Types: Other Fuel

Financing

Finance Options: Cash, Conventional, New Loan

  HOA Information

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

On Premise Parking

  Community Features

Outbuildings


Presented By: / SVN I Wood Properties

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From Russell Ave turn onto E Broadway Blvd (US-11E). After .3mi turn left onto Pearl Avenue. Go for .1mi then turn tight onto Ellis St. Property is on the right.



Your commute

( Departing today at 8:00am )


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