541 S Royal St Jackson, TN $ 360,000
541 S Royal St
$ 360,000
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541 S Royal St

Jackson, TN, 38301
$ 360,000
Bedrooms5 Baths2.0 Sq 4,789

Monthly Estimate*

$ 2,515

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Multi-Family Home for sale in Jackson, TN

for $360,000 with 5 bedrooms and 2 full baths. This 4,789 square foot home was built in 1920.

541 South Royal Street, a prime property for the first-time or savvy Multifamily investor looking to expand their portfolio. This 4,789 SF building, encompassing 4 units, offers historic southern charm having been built in 1920, while boasting modern updates from a recent 2024 renovation to primarily the interiors. Located in the growing Jackson market, this property is currently at 50% occupancy, presenting an opportunity for an investor to set higher market rents with their own tenants. This Quadplex boasts an excellent unit mix of two (2) - 2 Bedroom / 1 Bath & two (2) - 3 Bedroom / 1 Bath units with Washer / Dryer hook-ups. Each unit is metered for electric and gas which contains their own individual water heater. Each unit is equipped with its own stove range, oven, and refrigerator. With its attractive blend of character and newer amenities, this property stands ready to captivate discerning investors seeking an enticing well priced multifamily opportunity.

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Multi-Family Active

Price

$ 360,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,945

Style

Quadruplex

Year Built

1920

Town/City

Jackson

County/Region

Madison

MLS | Web ID

2635800

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow
Roof Shingle
Zoning Apartments
Garage Spaces 0
Construction Materials Brick Wood Siding
Year Built 1920
Stories 2
Levels One
Gross Income 37200
County Madison County TN
Net Operating Income 24885
Operating Expense 12315
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Jackson Southeast District
Garage Y/N N
Status Active
Buyer Financing Conventional Seller Financing
Directions Drive onto Royal from Hwy 70 property is on the right handside
High School South Side High School
City Jackson
View Y/N N
Open Parking Spaces 8
Total Units 4
Waterfront Y/N N
Carport Y/N N
Street Name S Royal St
Elementary School Isaac Lane Technology Magnet Elementary
Property Attached Y/N Y
Year Built Details RENOV
Tax Annual Amount 1945
Middle/Junior High School Jackson Career Technology Magnet Elementary
Days on Market 0
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 1550
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Interior
Flooring Carpet Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4789
Full Baths 0
Half Baths 0
Laundry Features Individual Gas Dryer Hookup Washer Hookup
Total Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 0
Living Area Units Square Feet
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Exterior
Parking Features Asphalt
Water Source Public
Total Parking 8
Inclusions APPLN
Building Area Total 4789
Lot Dimensions 45 X 150 M
Lot Size Units Acres
Covered Spaces 0
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Internal Only
Street Number 1 541
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* Excluded Features
List By
Pcg Commercial, Inc

Broker

adelrio@pcgcommercial.com

Email

Affordability Calculator

$2,677
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,515
Monthly Property Taxes
$162
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4618073 Elementary School
4618074 Middle School
South Side High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2024$360,000 Listed Price

Map


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541 S Royal St, Jackson, TN, 38301 is a Multi-Family Home for sale at $360,000 with 4,789 sqft. 541 S Royal St has 5 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 38301 which is in Jackson, TN