103 Forrest St, Ashland City, TN 37015

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Sold Price
$685,000
List Price
$750,000
Closing Date
May 07, 2026
MLS#
3132891
Days on Market
11
Property Type
Multifamily
Sqft. of Residence
3,552
County
Cheatham County
Status
CLOSED

Property Description

Cap rate of 6% at current rent rates. 8% at market rent! Previous owner was maticulous with maintenance and personally collected rent monthly from the tenants prior to his passing approx 1 yr ago. It has been professionally managed since. Interior of property will only be shown after an accepted sales agreement is in place and with no less than a 24 hour notice to the residents. Unit #5 is a one room efficiency leased for $650 per month.

Additional Information

Construction Type
Brick
Cooling System
Central Air, Electric
Elementary School
Ashland City Elementary
Floor Types
Carpet, Vinyl
Heating System
Central, Electric
High School
Cheatham Co Central
Junior High School
Cheatham Middle School
Laundry
Individual
Living Area
3,552
Lot Dimensions
130MX160X130MX150M
Number Of Stories
1
Sewer System
Public Sewer
Subdivision
N/A
Tax Amount
$3,625
Water Source
Public
Year Built
1986
Zoning
res
Type
Multifamily

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of The Property Place Inc.. Selling Office: Goldstar Realty.

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