200 Lambuth Blvd, Jackson, TN 38301 $45,000 ~ Off Market

OHU50K NOTES

For sale by owner, this house has been broken up into three units comprised of one bedroom/one bath each. Despite the alterations, many of the home’s original elements are still intact, albeit in odd configurations. Did you notice the tiled fireplace in the kitchen, shelving in front of a door, newer kitchen cabinet placement above the fridge, two types of flooring in a room? For an investor, this might work, but to bring the home back to a single family, it will be quite the project.

*3 bedrooms
*3baths
*Google Map
*Property Listing
*For Sale By Owner: Property Owner 720-261-1790

OWNER COMMENTS – For Sale By Owner

Overview

Multi family investment has 3 units, each with 1 bedroom and 1 full bath. 2 have eat-in kitchens, living room, separate BR, full bath and 1 has kitchenette in living area with full bath and separate BR. Off-street designated parking for each unit. Storage shed remains with property. Windows in process of updating – remaining are available if not completed yet. Utilities are through JEA as Landlord account, tenants pay additional utility fee along with monthly rent.

Terms

EACH UNIT IS SUPPLIED WITH: 1 Window AC, gas heating unit, refrigerator and stove/oven. Currently all three units rented with year long leases for each. Please see pictures for interior, will schedule a showing to serious inquiries who make written offer contingent on inspections. Make offer – will consider all serious offers to purchase. Square footage and Lot size per county records – SOLD AS IS – seller makes no warranties. Selling due to challenge of out of town landlord. $45,000 OBO

What the seller loves about this home

9 foot ceilings; centrally located close to downtown, UofM Lambuth campus and right on public transportation line. Property has partial basement and attic space. Will provide utility information and lease copies to written offer to purchase with appropriate contingencies.